Original article published on: https://beststocks.com/american-investors-are-concerned-about-alibaba-group/
A common concern from American investors when discussing China is whether or not Alibaba Group Holding, the e-commerce giant that has been battered in recent years, is safe to acquire.
An all-time low of $317 was reached in March, and Alibaba’s stock (NYSE: BABA) is still down by 10% this year after plunging 74% from its top in September 2020 at that low point. Barron’s has been wary for a long time now, while others have leaped into the market.
A common concern from American investors when discussing China is whether or not Alibaba Group Holding, the e-commerce giant that has been battered in recent years, is safe to acquire.
An all-time low of $317 was reached in March, and Alibaba’s stock (NYSE: BABA) is still down by 10% this year after plunging 74% from its top in September 2020 at that low point. Barron’s has been wary for a long time now, while others have leaped into the market.
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- E commerce Divers
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