why does alibaba stock keep going down

Shares of Alibaba found themselves under pressure after a Wall Street Journal report suggested that Chinas regulators were ready to. BABA stock tumbled on Tuesday down 28 as of 145 pm.


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. Customizable Real Time Market Alerts. Alibaba shares were trading down 385 at 27055 in Tuesdays session. Alibaba reported revenue of 2007 billion Yuan 3115 billion for the quarter ended Sept.

Shares of Chinas Alibaba Group Holding NYSE. Ad Build Your Portfolio Your Way. EST on Thursday after the Chinese tech giant reported misses on both the top and bottom lines for its fiscal second quarter.

Ill just copy and paste the answer here. The embattled Chinese technology giant entered this year. I think its a short term opportunity to buy the stock.

BABA has repurchased 37 billion of stock this year - but it has generated more than 10 billion of non-GAAP net income this year. The Alibaba BABA share price has struggled so far in 2022 falling by more than 22 year-to-date YTD as the Chinese e-commerce and technology giant has faced renewed Covid-19 lockdowns ongoing scrutiny from regulatory authorities in China and a bearish environment for technology stocks with investors. Shares of Alibaba Group Holding Limited BABA 536 stock that popped on positive analyst commentary yesterday fell back to earth on Wednesday after Reuters reported that a key.

At 16286 per share at the start of Sept. Government is investigating its cloud business to. Shares of Alibaba found themselves under pressure after a Wall Street Journal report suggested that Chinas regulators were ready to.

100 is the next major support as 110 is held for now. Shares of Alibaba Group Holding BABA 406 slid 24 in afternoon trading Friday as of 1 pm. Choose Between a Sound Alert in the Background a Desktop or an Email Notification.

As of 10 am. The Chinese government is a monopoly that would. Alibaba Stock Is Moving Lower As Regulatory Risks Increase.

This includes reports that the Peoples Bank of China has accepted an application. The stock fell below what technical traders call a descending triangle pattern and have been falling lower since. ET after Reuters reported that the US.

Alibaba BABA stock is getting a boost from Ant Group news. Alibaba was down 933 at 14651 midday Thursday. Bulls keep eyes on 1857 so long as.

Alibaba Stock Is Moving Lower As Regulatory Risks Increase. Lets get the big picture. Choose Investments Using 0 Online Stock and ETF Trades.

Alibaba Daily Chart Analysis. I just answered a similar question for another Quora user. After hitting a yearly low earlier this month Alibaba stock is now on track to hit a new rock bottom before 2021 is done.

ET this morning shares of the Chinese e-commerce giant are up 36. Transforming lives around the world through the power of data. Shares of Chinese e-commerce giant Alibaba Group Holding dropped 4 as of 10 am.

EDT Monday and given the headlines coming out of China last week regarding how the government is cracking down on. Its Wednesday morning and Alibaba Group Holding BABA 078 stock is still going up. The stock has a 52-week high of 299 and a 52-week low of 16168.

Ad Get the Ultimate In Financial News and Analysis With Bloomberg. Alibaba stock is now down at 5-year lows. At last check - Get Alibaba Group Holding Limited American Depositary Shares each representing eight Report shares were down 261 to.

The stock of leading Chinese technology firm Alibaba NYSEBABA is so beaten down that its starting to resemble a Greek tragedy. This could be a sign that an Ant Group initial. See more from Benzinga.

30 registering a growth. ET after two separate investment banks lowered their price targets on the Chinese. Shares of Alibaba Group BABA 078 plunged 109 as of 1125 am.

14 BABA stock is. And that means were now. Shares of Alibaba BABA 323 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.

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