Alibaba stock is down 3.8% in 2015, but there could be one catalyst tomorrow (Thursday) that could send the Alibaba stock price soaring.
That's because tomorrow before market open, Alibaba Group Holding Ltd. (NYSE: BABA) will release its second earnings report since going public. Analysts expect earnings per share (EPS) of $0.75 for the quarter ending December 2014. Revenue of $4.45 billion is expected..