why is alibaba stock down reddit

But after carefully reviewing Alibaba again I. As we all knew about alibaba and about China the government is always regulating technological companies.

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Why BABA Stock Represents Value.

. That all sounds quite scary but. In a shortened session Alibaba stock closed down 134 wiping off approximately 100 billion from its market cap. However alibaba operates in the Chinese market which everyone agrees is a much less mature and much less transparent market than the US financial market.

But why did the market only react now. Jack ma doesnt even hold a large stake in BABA anymore and hasnt been the CEO for years now. When you have limited capital to deploy you either but.

And its market-leading positions in Chinas e-commerce and cloud markets also grant it the scale to easily crush its smaller rivals. In Christmas yes Alibaba was undervalued relative to the market but not anymore. Alibaba went public in September 2014 and it remained a solid growth stock over the next six years.

Recovering from a three-day sell-off shares of Chinese e-commerce giant Alibaba Group Holding Limited BABA -032 stock bounced back on Thursday and are up 72 as of 1111 am. Many investors wonder if the. Because the rest of market is in self off and i can find better opportunities in the us market.

BABA are down around 2 today after a Citi analyst cut her price target. On reddit it is mostly bearish sentiment. Because it isnt Amazon.

There may be some swing-trade profit to be made once it finds a mean value but only if you can time noise right. Why Alibaba Stock Is Falling Today. On a bearish day for Chinese stocks Alibaba took a big hit and dropped 8 during the March 10 session.

While it has come off the lows its still down almost 30 percent in 2021. A broader market decline on. However we seem to life in times where a PE ratio of 27 of a.

Then came a series of problems and misfortunes that dropped shares all the. There are some interesting bullish and bearish takes on baba on seeking alpha. Shares of Alibaba are currently trading at less than 20 forward PE which is cheap for a company of this scale in todays market.

April 6 2022. Alibaba may seem undervalued considering the current prices within the overall stock market. Press question mark to learn the rest of the keyboard shortcuts.

As of today Alibaba stock is down 20 in the past 1 month. Shares of Alibaba NYSE. As a result most Chinese tech stocks were down today with Alibaba off 37 as of 316 pm.

Why Alibaba Was Rising Today on a Terrible Day for the Markets. Alibabas Q2 revenue climbed 10 year-over-year to 221 billion Chinese yuan. Press J to jump to the feed.

BABA was not accepted by the Giant Buy Side Institutions of the US as it did not meet their requirements for investing in the early days. Based on CCP uncertainty it is not a buy and there is looming danger of further institutional unloading. Recently Alibaba BABA stock hit its 52-week low amid the sell-off in Chinese tech stocks.

I think Alibaba as a company is still undervalued but not in relative basis. Just a year ago BABA stock was trading at more than 300 per share as the Chinese e-commerce powerhouse was flying high. Why hasnt Alibabas stock reached the heights of Amazon.

However traders need positive catalysts in. But its bottom line declined meaningfully as the conglomerates earnings per American Depositary Share excluding. Charlie Mungers companys big investment in Alibaba along with a broader stabilization in Chinese tech.

Based on its fundamentals it is very undervalued and is a resounding buy. As most BABA followers know the last two weeks of BABA have been brutal for Alibabas share prices. I wouldnt have guessed a mega cap stock would take such a hit.

Alibaba is much larger than Amazon in terms of market share yet the value of its stock is dramatically lower than Amazons by a factor of ten. EDT and Didi 49 lower. Shares are technically in a bear market since BABA stock is down by more than 20.

At its lows the stock was down almost 34. Alibaba is becoming one of the most talked about stocks on WallStreetBets. BABA stock is impaired by control from government.

The stock was initially priced at 88 a. 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.

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