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Podcast: The John Johnston Lounge
Episode: Alibaba Stock: CEO Quits! George Soros Buys BABA Stock
Description: This Alibaba stock (BABA stock) update analyzes why Alibaba CEO Daniel Zhang has quit, just as he was about to transition to lead Alibaba Cloud ahead of its planned spinoff. Next we look at the news that the planned Freshippo IPO is being delayed, and the reason why. Finally, we examine the news that legendary investor George Soros has bought some BABA stock, and we look at which other super-investors currently own BABA stock.Timestamps00:00 Three Alibaba news highlights00:19 Alibaba CEO Daniel Zhang steps down03:28 Zhang Leaving Alibaba...