Alibaba's Stock Falls, Hits Lowest Price In Its 5 1/2-month History

Alibaba Group's stock slumped 2.9% in morning trade Tuesday, and hit the lowest price in its 5 1/2-month history earlier in the session, after the Chinese e-commerce giant said it would fully cooperate with the Taiwanese government, which asked the company to withdraw from the country on concern of its Chinese ownership.