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Benzinga
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Orion, Nio, Alibaba Group And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

1. U.S. stock futures declined, down over 350 points this morning. 2. Alibaba's shares dropped 4% to $160.20 in pre-market trading. 3. New port fees are impacting U.S.-listed Chinese stocks negatively. 4. Other stocks like Nio also fell around 5% amidst the trend. 5. Broader market sentiment appears bearish, affecting numerous stocks.

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FAQ

Why Bearish?

The 4% decline in BABA shares mirrors broader bearish sentiment among U.S.-listed Chinese stocks, indicating economic pressure.

How important is it?

Current market conditions and regulatory developments directly affect BABA's stock performance.

Why Short Term?

Immediate effects from port fees and market volatility could impact stock prices for weeks.

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