Alibaba (BABA) sinks ~3.8% at the close after White House memo allegations; France flags AliExpress; class‑action probe announced — Nov. 14, 2025
Alibaba’s U.S.-listed shares fell 3.75% to $153.85 Friday after reports said a White House memo accused the company of aiding China’s military, a claim Alibaba denied. France’s consumer watchdog also cited AliExpress for selling illicit goods, while a U.S. law firm launched a class-action investigation. Shares traded near the close after hours. Earnings are due Nov. 25.