why is alibaba stock down reddit

Saturday, June 4, 2022 Edit

Its fall really started when Beijing took aim at Alibabas founder Jack Ma. As we all knew about alibaba and about China the government is always regulating technological companies.

How To Buy Alibaba Stock In June 2022

24 2021 Published 913 am.

. Alibaba will bounce back big it might take a while could be weeksmonths who knows but they will have a nice bull run. At its lows the stock was down almost 34. While it has come off the lows its still down almost 30 percent.

EDT and Didi 49 lower. Alibaba is becoming one of the most talked about stocks on WallStreetBets. Here are three key things to consider before you make that decision.

As a result most Chinese tech stocks were down today with Alibaba off 37 as of 316 pm. Tomorrow is a new day and the start of a new month one that has been historically better for stock gains. In addition to creating Alibaba Ma was head of Ant Group.

However we seem to life in times where a PE ratio of 27 of a. But why did the market only react now. Alibaba main B2B site is absolute garbage.

The freefall of Chinese e-commerce giant Alibabas - Get Alibaba Group Holding Ltd. Why Alibaba Stock Is Falling Today. I think Alibaba as a company is still undervalued but not in relative basis.

Unpopular OpinionAlibaba isnt going anywhere. Retail market share has shrunk from 75 about 5 years ago to 50 currently. Alibaba stock short squeeze.

However traders need positive catalysts in. It still trades at just 21 times forward earnings and analysts expect. In a shortened session Alibaba stock closed down 134 wiping off approximately 100 billion from its market cap.

I might get downvoted to hell but Alibaba isnt going anywhere and China and their CCP isnt going to destroy one of their biggest and successful companies ever. This is anecdotal obviously and I dont have any data to support increased use of Ali Express by American customers but until this year most reviews posted were by Russians Germans or people from various Middle Eastern countries. He bought 165k shares in Q1 2021 then added 1367k in Q3 and another 300k in the last quarter.

BABA stock and other big tech stocks has chilled Wall Street but US. It owns the countrys largest online marketplaces Taobao and Tmall and its largest cloud infrastructure platform Alibaba. Alibaba may seem undervalued considering the current prices within the overall stock market.

Audiences including investors have been trained over the. The SP 500 closed out the. Charlie Mungers companys big investment in Alibaba along with a broader stabilization in Chinese tech.

Shares are technically in a bear market since BABA stock is down by more than 20. August 23 2021. As most BABA followers know the last two weeks of BABA have been brutal for Alibabas share prices.

Now at the lowest levels since the end of 2016 the stock has moved. Report shares seems to have no end. Meme stocks are also a symbol of the democratization of.

Aliexpress is the worst online shopping experience on the internet their rules favor merchants over buyers. The Chinese crackdown on Alibaba NYSE. Not sure if that carries any weight for you but Charlie Munger Vice chair-man and right hand man of Warren Buffett bought BABA in three of the last four reported quarters through his fund with DJCO.

Alibaba BABA -368 is arguably Chinas most well-known tech company. Alibaba has been an expensive stock for years. According to the data from Fintel BABA stock had a short volume ratio of 125 percent on June 25 which.

May wasnt about either gains or losses. Ive shopped on Ali Express for about 5 years and in the past year Ive noticed a significant increase in product reviews from US buyers. Since it came out that equivalent to the USAs SEC in China cancelled off the Ant IPO on Xis orders just days ahead of when the IPO was to take place as a way to punishment Jack Ma days after Ma had made statements that pissed off China.

Why Alibaba Was Rising Today on a Terrible Day for the Markets. Because the rest of market is in self off and i can find better opportunities in the us market. This is doomed to lose market to competitors.

Shares of Alibaba are currently trading at less than 20 forward PE which is cheap for a company of this scale in todays market. Jack ma doesnt even hold a large stake in BABA anymore and hasnt been the CEO for years now. I wouldnt have guessed a mega cap stock would take such a hit.

So far in 2021 BABA stock is down around 30. Recently Alibaba BABA stock hit its 52-week low amid the sell-off in Chinese tech stocks. 15 days ago.

A stocks past price. 1 day agoThe meme stock phenomenon has shown the markets what happens when large numbers of retail investors band together and move stocks higher. In Christmas yes Alibaba was undervalued relative to the market but not anymore.

As of today Alibaba stock is down 20 in the past 1 month. When you have limited capital to deploy you either but. I once considered Alibaba BABA-113 an undervalued growth stock.

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