Alibaba (BABA) Stock Tumbling Today After Quarterly Revenue Disappoints

NEW YORK (TheStreet) -- Shares of Alibaba Group Holding are down 8.47% to $90.11 on heavy volume in afternoon trading Thursday after the company reported mixed fiscal fourth quarter results this morning. The Chinese e-commerce giant posted revenue of $4.22 billion for the October to December quarter, below analysts' expectations of $4.45 billion. Net income fell 28% to $957 million, or 37 cents per share, compared to a year ago. Excluding one-time stock option and other costs, earnings totaled 8...