BABA Stock Price Just Got Another Catalyst from This $590 Million Deal

Alibaba Group Holding Ltd. just picked up a major catalyst for the BABA stock price - despite the market's muted reaction to the news... The BABA stock price was up 1% this morning (Tuesday), one day after (NYSE: BABA) invested $590 million in Chinese smartphone-maker Meizu. As Money Morning experts have been telling readers for months, the mobile market will be the biggest catalyst for the Alibaba stock price. The post BABA Stock Price Just Got Another Catalyst from This $590 Million Deal appeared first on Money Morning - We Make Investing Profitable .