Benzinga | Nov 17, 2021 12:02PM EST

Why Alibaba Shares Are Falling

Alibaba Group Holding Ltd - ADR (NYSE:BABA) shares are trading lower ahead of the company's second-quarter earnings scheduled for tomorrow before the market open.

The analyst consensus estimate for Alibaba's second-quarter earnings per share is $1.93. The analyst consensus estimate for the company's second-quarter revenues is $32.07 billion.

Alibaba is the world's largest online and mobile commerce company, measured by GMV. Alibaba operates China's most-visited online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer).

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Alibaba has a 52-week high of $280.61 and a 52-week low of $138.43.