why is alibaba stock down reddit

Monday, June 13, 2022 Edit

Its fall really started when Beijing took aim at Alibabas founder Jack Ma. Also when looking at Alibaba stock the company trades at a rather modest valuation multiple compared to its peers.

Is Alibaba Stock A Buy Right Now This Is What You Need To Know

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. Despite the price target reduction she. So far in 2021 BABA stock is down around 30. It seems to be.

It was generally droppingstagnating from the summer. Their fundamentals are still solid and growth opportunities are insane. In any regard Citi analyst Alicia Yap lowered her Alibaba stock price prediction from 200 down to 177.

Hi friends The Alibaba stock fell sharply today by nearly 10 erasing most of these past few weeks gains. Obviously this is the result of the massive sell-off we saw in 2021. Hello guys the Alibaba is down 10 in 3 month and only 23 up in a year.

ET in response to a Wall Street. According to the data from Fintel BABA stock had a short volume ratio of 125 percent on June 25 which. Earlier this week Alibaba stock jumped following news.

On a bearish day for Chinese stocks Alibaba took a big hit and dropped 8 during the March 10 session. Stock of Alibaba Group Holding BABA 1467 the Chinese e-commerce giant plunged in early trading Friday. Alibaba shares have been down by as much as 67 since hitting an all-time high in 2020 but market sentiment is starting to turn positive.

Alibaba stock short squeeze. In addition to creating Alibaba Ma was head of Ant Group. The stock is down 49 at 1045 am.

Im aware of them being fined by Chinese government and all the talks about dilisting but still BABA is an incredibly solid company.

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