why alibaba stock is down today
Find real-time BABA - Alibaba Group Holding Ltd stock quotes company profile news and forecasts from CNN Business. BABA Price Action.
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Alibaba has a 52-week high of 13870 and a 52-week low of 7328.
. Shares of Chinese e-commerce giant Alibaba fell after the major city of Shenzhen shut down its city center and instituted other restrictions over the weekend amid a surge in COVID-19 cases. Alibaba has a 52-week high of 13870 and a 52-week low of 7328. Today it reaches nearly 800 million users with services including online shopping cloud computing and.
13 News and Social Media Coverage. Palantirs stock was up by 28 as of 320 pm. Alibaba Group Holding Limited.
This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 good news to -2 bad news. Alibabas Jack Ma appeared to fall out of favour after criticising Chinas regulators. View the latest Alibaba Group Holding Ltd.
The latest round of quarterly earnings from the countrys tech giants showed that Chinas policy actions were negatively. But investors dont change their opinions every second. Stock prices are driven up and down in the short term by supply and demand and the supply demand balance is driven by market sentiment.
The stock was down 262 at 8358 at time of publication according to Benzinga Pro. Chinese stocks have struggled over the last week with Hong Kongs Hang Seng Index down about 36 over the last five days of trading as Chinas economy has continued to show signs of slowing all. With all of that information my model showed that Alibabas enterprise value is 302 billion while the fair value of its stock is 12871 per share which represents an upside of 33 from the.
ADR BABA stock price news historical charts analyst ratings and financial information from WSJ. News Sentiment Alibaba Group has a news sentiment score of 028. BABA Price Action.
The stock was down 303 at 8902 at time of publication. Palantirs stock initially got a boost this morning after the company said that the Department of Homeland Security renewed its contract to.
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