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Benzinga s PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.
On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel.
When the newsflow turns negative on an issue, it is often difficult to turn it around. This scenario applies to
Alibaba Group Holdings (NYSE: BABA), the PreMaket Prep Stock of the Day.