"Forget about the stock price and put your mind at peace." Into last week and flowing into this week, however, things haven't been much easier for Alibaba. During a Citi conference call yesterday (Sept. 8), Alibaba's IR Chief Jane Penner provided guidance of the company's Q2 revenue projections, saying that expectations have been lowered — giving a cautious outlook for the next few months for Alibaba. GMV for the company's Q1 earnings rose 34 percent, but the Chinese economic slump has hurt the stock since then. While the stock rallied yesterday morning, by midday it was slumping again. Shortly after 4 p.m. ET, the stock was trading down 4.7 percent. Alibaba's stock price was $60, which is $8 below its IPO price. Its stock price was trading at $60.93 during post-trading hours. [bctt tweet="While Alibaba's stock rallied yesterday morning, by midday it was slumping yet again."]