Alibaba (NASDAQ: BABA) stock has declined by 41% over the past year and about 76% from its all-time high level back in 2020. It's not surprising that investors have sold off Alibaba with a passion. In a high-tension geopolitical environment, international stocks lose their appeal. Combine that with the lack of trust attached to Chinese equities due to corporate governance issues and the Chinese government's crackdown on big tech, and the perfect storm for Alibaba quickly formed. However, with the stock still trading near lows, investors should revisit Alibaba's investment case. At this point, the potential reward could overshadow the risks.
https://www.tipranks.com/news/article/after-falling-76-is-alibaba-stock-nysebaba-a-buy?utm_source=advfn.com&utm_medium=referral
Alibaba (NYSE:BABA)
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Alibaba (NYSE:BABA)
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Von Feb 2022 bis Feb 2023 Click Here for more Alibaba Charts.