why is alibaba stock down reddit

On a bearish day for Chinese stocks Alibaba took a big hit and dropped 8 during the March 10 session. It owns the countrys largest online marketplaces Taobao and Tmall and its largest cloud infrastructure platform Alibaba.

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

Shares of Alibaba are currently trading at less than 20 forward PE which is cheap for a company of this scale in todays market.

. 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. However traders need positive catalysts in.

In addition to creating Alibaba Ma was head of Ant Group. Why is Alibaba stock down. 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.

When you have limited capital to deploy you either but. Alibaba has been an expensive stock for years. Why Alibaba Was Rising Today on a Terrible Day for the Markets.

In a shortened session Alibaba stock closed down 134 wiping off approximately 100 billion from its market cap. 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. 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.

I once considered Alibaba BABA-113 an undervalued growth stock. While it has come off the lows its still down almost 30 percent. But why did the market only react now.

August 23 2021. It still trades at just 21 times forward earnings and analysts expect. This is doomed to lose market to competitors.

Recently Alibaba BABA stock hit its 52-week low amid the sell-off in Chinese tech stocks. Alibaba BABA -368 is arguably Chinas most well-known tech company. Shares are technically in a bear market since BABA stock is down by more than 20.

As most BABA followers know the last two weeks of BABA have been brutal for Alibabas share prices. At its lows the stock was down almost 34. A stocks past price.

Alibaba main B2B site is absolute garbage. In fact Alibaba stock dipped as much as 11 this morning. In Christmas yes Alibaba was undervalued relative to the market but not anymore.

According to the data from Fintel BABA stock had a short volume ratio of 125 percent on June 25 which. However we seem to life in times where a PE ratio of 27 of a. Charlie Mungers companys big investment in Alibaba along with a broader stabilization in Chinese tech.

Alibaba stock short squeeze. 15 days ago. Because the rest of market is in self off and i can find better opportunities in the us market.

Unpopular OpinionAlibaba isnt going anywhere. Why Alibaba Stock Is Falling Today. Here are three key things to consider before you make that decision.

Audiences including investors have been trained over the. 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. I think Alibaba as a company is still undervalued but not in relative basis.

As a result most Chinese tech stocks were down today with Alibaba off 37 as of 316 pm. 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. He bought 165k shares in Q1 2021 then added 1367k in Q3 and another 300k in the last quarter.

EDT and Didi 49 lower. Alibaba is becoming one of the most talked about stocks on WallStreetBets. Shares of Alibaba BABA 790 finished up 11 in October according to data from SP Global Market Intelligence as the Chinese tech giant seemed to find support on Reddits.

Aliexpress is the worst online shopping experience on the internet their rules favor merchants over buyers. So far in 2021 BABA stock is down around 30. Alibaba may seem undervalued considering the current prices within the overall stock market.

I wouldnt have guessed a mega cap stock would take such a hit. Retail market share has shrunk from 75 about 5 years ago to 50 currently. Jack ma doesnt even hold a large stake in BABA anymore and hasnt been the CEO for years now.

As of today Alibaba stock is down 20 in the past 1 month. The Chinese crackdown on Alibaba NYSE. BABA stock and other big tech stocks has chilled Wall Street but US.

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

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Some Perspective On The Chinese Stock Market Collapse It Looks Like A Perfect Bubble But Companies Like Alibaba Are Attractively Priced If You Ignore Political Risk Which You Shouldn T R Stockmarket