why is alibaba stock down reddit

Shares are technically in a bear market since BABA stock is down by more than 20. On a bearish day for Chinese stocks Alibaba took a big hit and dropped 8 during the March 10 session.

Let Them Eat Cake Seeking Alpha

Alibaba is becoming one of the most talked about stocks on WallStreetBets.

. As a result most Chinese tech stocks were down today with Alibaba off 37 as of 316 pm. Because the rest of market is in self off and i can find better opportunities in the us market. The stock market was mostly down Tuesday after Europe placed more restrictions on Russian oil.

I think Alibaba as a company is still undervalued but not in relative basis. In a shortened session Alibaba stock closed down 134 wiping off approximately 100 billion from its market cap. Retail market share has shrunk from 75 about 5 years ago to 50 currently.

However alibaba operates in the Chinese market which everyone agrees is a much less mature and much less transparent market than the US financial market. At its lows the stock was down almost 34. Alibaba has been an expensive stock for years.

Why Alibaba Stock Is Falling Today. As most BABA followers know the last two weeks of BABA have been brutal for Alibabas share prices. However we seem to life in times where a PE ratio of 27 of a.

The company reported Q422 adjusted EPS of 118 which. Alibaba will bounce back big it might take a while could be weeksmonths who knows but they will have a nice bull run. Charlie Mungers companys big investment in Alibaba along with a broader stabilization in Chinese tech.

This is doomed to lose market to competitors. A stocks past price. Its fall really started when Beijing took aim at Alibabas founder Jack Ma.

Aliexpress is the worst online shopping experience on the internet their rules favor merchants over buyers. Jack ma doesnt even hold a large stake in BABA anymore and hasnt been the CEO for years now. I wouldnt have guessed a mega cap stock would take such a hit.

Alibaba BABA -509 is arguably Chinas most well-known tech company. I once considered Alibaba BABA-113 an undervalued growth stock. EDT and Didi 49 lower.

While it has come off the lows its still down almost 30 percent. Low expectations were the main reason why I thought Alibaba could outperform low consensus EPS predictions. In afternoon trading the Dow Jones Industrial Average retreated 150 points or.

Here is the list of companies identified under HFCAA and Alibaba is not part of that list. Alibaba may seem undervalued considering the current prices within the overall stock market. 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.

When you have limited capital to deploy you either but. And this is what Alibaba did. So far in 2021 BABA stock is down around 30.

As of today Alibaba stock is down 20 in the past 1 month. Recently Alibaba BABA stock hit its 52-week low amid the sell-off in Chinese tech stocks. Alibaba main B2B site is absolute garbage.

Shares of Alibaba are currently trading at less than 20 forward PE which is cheap for a company of this scale in todays market. Unpopular OpinionAlibaba isnt going anywhere. It still trades at just 21 times forward earnings and analysts expect.

Reddit iOS Reddit Android Rereddit Best Communities Communities About Reddit Blog Careers Press. 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. But why did the market only react now.

This is the end game timeline Nov 2022 - NOT REALLY atleast for Alibaba stock. Alibaba is much larger than Amazon in terms of market share yet the value of its stock is dramatically lower than Amazons by a factor of ten. In addition to creating Alibaba Ma was head of Ant Group.

As we all knew about alibaba and about China the government is always regulating technological companies. Do your own research and do not. According to the data from Fintel BABA stock had a short volume ratio of 125 percent on June 25 which.

Why Alibaba Was Rising Today on a Terrible Day for the Markets. Here are three key things to consider before you make that decision. Alibaba stock short squeeze.

It owns the countrys largest online marketplaces Taobao and Tmall and its largest cloud infrastructure platform Alibaba. 24 2021 Published 913 am. In Christmas yes Alibaba was undervalued relative to the market but not anymore.

However traders need positive catalysts in.

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