Alibaba Group Holding Ltd.'s share price experienced a significant decline, dropping by as much as 20% on April 7, 2025. Various reports confirmed the plunge, with the most consistent figure being a 19% drop. In the midst of this downturn, Alibaba announced it had repurchased 2.006 million of its own shares for $29.98 million between April 3 and April 4, indicating an effort to bolster its stock value. Additionally, market movements were noted in other entities related to Alibaba. JPMorgan Chase & Co.'s stake in Alibaba-W decreased to 6.00% from 6.23% as of March 31, according to a filing with the Hong Kong Stock Exchange. Meanwhile, Sam Altman, CEO of Open AI, reduced his active stake in $OKLO to 4.8% from 8.2%, and sold approximately 3.3 million shares since December.