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Giant Pension Sold Alibaba, Lululemon, and GE Stock. Here’s What It Bought.

Por: MarketWatch Business May 14, 2023

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The office of New York State Comptroller Thomas P. DiNapoli, the sole trustee of the pension, declined to comment on the investment changes. At the end of 2022, the pension’s estimated . Alibaba American depositary receipts had an outstanding first quarter, gaining 16% compared with a 7% rise in the . So far in the second quarter, the ADRs have given all of that back, dropping 15% compared with a flat performance from the index. Alibaba ADRs... + full article



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