Shares of the Chinese internet play fell 3.2% on the session despite a seemingly solid quarter. Alibaba reported robust revenue growth of 61% year-over-year and strength in its core commerce business, as well as in its cloud division. Diluted EPS came in at 3.3 RMB, ahead of consensus estimates from FactSet (2.42 RMB), Thomson Reuters (2.79 RMB) and Bloomberg (2.57 RMB).
TheStreet looks at Alibaba from a bull versus bear perspective.
Alibaba is Real Money's 'Stock of the Day.' Nelson Wang contributed to this story.