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Alibaba: On The Verge Of A Downfall
BABABABA(BABA) Seeking Alpha·2024-05-06 21:16

maybefalse Once praised as a darling of Wall Street and taunted by investment analysts as one of the best stocks for exposure to the Chinese stock market, Alibaba Group Holding Limited (NYSE:BABA) has greatly disappointed investors with its stock being crushed with a return of -58% return in the last five years, despite e-commerce and cloud businesses performing well lately, on the opposite side of the Pacific Ocean. Price Development (Seeking Alpha) A combination of the CCP's crackdown on Chinese technolog ...