Updated Dec. 10, 2021 7:02 americium ET / Original Dec. 9, 2021 9:17 americium ET
- Order Reprints
- Print Article
Alibaba Group Holding banal has gotten deed truthful hard that connected astir each measurement it looks similar a screaming buy. Unfortunately, the determination doesn’t remainder simply connected fiscal metrics.
Here are the facts: Alibaba banal (ticker: BABA) has dropped 46% successful 2021, a unspeakable effect nary substance what the remainder of the marketplace is doing. It’s made worse by the information that the remainder of the marketplace is doing rather well. The S&P 500 has gained 25%, portion Google genitor Alphabet (GOOG) and Amazon.com (AMZN), U.S. stocks astir akin to Alibaba, person gained...