why does alibaba stock keep going down

When looking at price forecasts you should keep in mind that analysts and algorithm-based. Ma was worth as much as 666 billion when Alibabas stock price hit a record.

Looking At Alibaba S Latest Nail In Its Coffin The Motley Fool

EST on Thursday after the Chinese tech giant reported misses on both the top and bottom lines for its fiscal second quarter.

. I think its a short term opportunity to buy the stock. Ill just copy and paste the answer here. The stock closed down 23 at 165.

It still trades at just 21 times forward earnings and analysts expect. Shares of Alibaba Group Holding BABA 441 slid 24 in afternoon trading Friday as of 1 pm. The embattled Chinese technology giant entered this year.

The stock traded in the 30303. Based on machine learning the site predicts that Alibaba stock could trade at 118 by the end of 2022 and climb to 211 by 2025 soaring to 355 by 2030. BABA is one of those rare stocks that can pretty much take anything thats thrown at it and come out aheadDespite 2020s best efforts to beat down the market Alibaba stock is.

For its current fiscal year 2022 Alibaba is expected to earn 742 a share down 25 compared to 2021. Conversely Coin Price Forecast was much more bullish in its long-term outlook for the stock. Alibaba has traded as high as 31932 and as low as 15280 over a 52-week period.

After hitting a yearly low earlier this month Alibaba stock is now on track to hit a new rock bottom before 2021 is done. Answer 1 of 9. Alibabas shares dropped by -23 in November due to weaker-than-expected earnings and regulatory headwinds.

Share your opinion and gain insight from other stock traders and investors. Alibaba BABA stock is falling on Monday morning as China-based stocks decline from plummeting Chinese markets. Alibaba Stock Doubling Down On the most recent earnings call Wu went further to reconfirm its commitment to abiding by the US.

Shares of Alibaba BABA 441 the Chinese tech giant took a dive today in a broad sell-off in Chinese stocks in response to news that Chinese real estate giant Evergrande Group. Jan 4 2016 1026 AM EST. Recently Alibaba stock hit several milestones.

Holding Foreign Companies Accountable Act. NEW YORK TheStreet -- Shares of Alibaba Group Holding. BABA has repurchased 37 billion of stock this year - but it has generated more than 10 billion of non-GAAP net income this year.

Alibabas shares went from a high of 320 that was hit in 2020 to as low as 210 at the time of writing for a. NEW YORK TheStreet --. Find the latest Alibaba Group Holding Limited BABA stock discussion in Yahoo Finances forum.

I once considered Alibaba BABA-113 an undervalued growth stock. Prior to the May 5 tweet BABA stock price was up. Jan 11 2016 335 PM EST.

The billionaires wealth is down dramatically from its peak. As of noon ET NetEase shares are down 72 from Fridays close Baidu stock is off 75 and Alibaba is leading the Chinese tech sector lower with a loss of 82. The stock also has strong quant scores on all three.

Alibaba BABA stock is falling in afternoon trading on Monday after China stocks extended last weeks declines today. But growth is expected to pick up in 2023 up 6 to 788. ET after two separate investment banks lowered their price targets on the Chinese.

13 and finished at 30878 which set a new all-time high. Alibabas Stock Is Priced For Disaster. I just answered a similar question for another Quora user.

Shares of Alibaba Group BABA -113 plunged 109 as of 1125 am. Wall Street analysts have a bullish average price target of 26225 on BABA stock in a range of 192-407 a share according to Stock Rover. The valuation is extremely compelling here Gibson said.

The stock rose 080 percent in regular trading on Oct. Alibaba stock has been a big winner of late and there could be more upside ahead. It will be difficult to see a quick rebound in BABAs stock price given expectations.

Lets get the big picture. Its difficult to argue that Alibaba stock suddenly. The Chinese government is a monopoly that would.

This recent 20 decline in BABA stock price has been completely caused by rising trade tensions between the US.

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