why is alibaba going down

Share your opinion and gain insight from other stock traders and investors. Shares of Chinas Alibaba Group Holding BABA -254 stock tumbled on Tuesday down 28 as of 145 pm.

At 95 Is Alibaba Stock Worth The Risk

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

. Chinese e-commerce giant Alibaba BABA closed down 81 on Tuesday after Shanghai Stock Exchange officials suspended the mega IPO of Ant Group. According to the current price Alibaba is 12282 away from the 52-week low. Shares of Chinese e-commerce giant Alibaba Group Holding NYSE.

At 16286 per share at the start of Sept. Just a year ago BABA stock was trading at more than 300 per share as the Chinese e-commerce powerhouse was flying high. Despite Alibabas better-than-expected results shares were down 4 on Wednesday morning in Hong Kong following Tuesday evenings earnings report.

Analysts at JP Morgan maintained their BABA stock forecast of 130 for 2022 which they raised on 16 May from 75 in early April. EDT Monday and given the headlines coming out of. Shares of Alibaba Group Holding BABA 136 slid 24 in afternoon trading Friday as of 1 pm.

The company recently saw a 12 year-over-year YOY cloud revenue increase. The low in the last 52 weeks of Alibaba stock was 7330. 20 and is now down 335 percent year-to-date.

Alibaba BABA stock made several attempts to break the level before going on a. Alibaba stock BABA tumbled more than 5 percent on Sep. The stock hit a 52-week low and is now more than 52 percent below.

Find the latest Alibaba Group Holding Limited BABA stock discussion in Yahoo Finances forum. What was the 52-week high for Alibaba. There is potentially some hope at 12977 with support there from the lowes back in July 2018.

BABA stock is still recovering from a difficult year but that doesnt mean it cant rise again. BABA shares are again under scrutiny following reports of a manager being fired. While some of the retained cash flows were.

Then came a series of problems and. Alibaba shares fall again in premarket down 1. BABA has repurchased 37 billion of stock this year - but it has generated more than 10 billion of non-GAAP net income this year.

Shares of Alibaba found themselves under pressure after a Wall Street Journal report suggested that Chinas regulators were ready to impose a record fine on the company. ET after Reuters reported that the US. Alibaba shares fall again in premarket down 1.

ET this morning shares of the Chinese e-commerce giant are up 36. Reuters reports the manager was fired for. Shares of Alibaba Group BABA -1112 plunged 109 as of 1125 am.

ET after two separate investment banks lowered their. For fiscal 2022 Alibaba now expects revenue to grow 23 year-over-year down from the previous forecast of 295 which will be the smallest gain since its market debut in. We acknowledge potential downside.

BABA dropped 4 as of 10 am.

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