why does alibaba stock keep going down

I DCAd so much to the point where my average dropped from 190 to 148 LOL. Certainly it is not because the company generated 34 year over year YOY revenue growth in the latest quarter.

Why Alibaba Stock Lost 16 In February The Motley Fool

The Shares Could End 2021 at a Year Low.

. Alibaba Group Holding Ltd. 7 and cleared the 150 level giving an. There are many potential reasons why BABA has fallen.

I just answered a similar question for another Quora user. NEW YORK -- Alibaba - Get Alibaba Group Holding Ltd. BABA stock broke down below the 160 20-day and 50-day moving averages last week after posting quarterly results.

Alibaba has traded as high as 31932 and as low as 15280 over a 52-week period. Why does alibaba stock keep going down Friday April 1 2022 Edit The stock rose 080 percent in regular trading on Oct. I think its a short term opportunity to buy the stock.

Could be that the Alibaba earnings report is due next week which is adding to general nervousness in the stock markets this week. BABA reported revenue of 42 billion for its. In fact Alibaba stock dipped as much as 11 this morning.

The stock closed down 23 at 165. The stock subsequently fell as the Chinese government cancelled the November 2020 initial public offering IPO of Alibabas Ant Group financial services business in which it holds a 33 stake days before the listing was due to launch. The company forecast revenue will grow at rates not seen since it debuted.

Find the latest Alibaba Group Holding Limited BABA stock discussion in Yahoo Finances forum. Lets get the big picture. Alibaba stocks position within Chinas retail market makes it a good choice to deliver long-term growth over the next few years.

Alibaba broke out over a trend line on Oct. Why Alibaba Stock Just Dropped. As of noon ET NetEase shares are down 72 from Fridays close Baidu stock is off 75 and Alibaba is leading the Chinese tech sector lower with a loss of 82.

Shares of tech giant Alibaba continued to fall on Friday adding to the stocks massive selloff after the company said earlier this week that it expects weaker revenue growth amid Chinas slowing. The Chinese government is a monopoly that would. Report stock is decreasing by 145 to 6977 after China stocks fell again today fueling investors concerns about the countrys economic growth.

Shares of Alibaba Group BABA 196 plunged 109 as of 1125 am. A downward-sloping line means the stock is lagging the SP 500. Answer 1 of 9.

Despite Alibaba stocks recent run up the company still offers. But what was really hurting BABA in my opinion is that they misses on multiple earnings and growth forecasts where as the other Chinese companies could beat or at least. Ill just copy and paste the answer here.

Alibaba just like uHappyAlexst wrote is the best known Chinese company and directly associated with the news about Chinas crackdown on tech companies and its slowing economy. Personally I just bought a whole bunch more BABA today at 116 and experienced my usual certainty that it is currently at a bargain price combined with usual fear that I may well be doing something really foolish. But after carefully reviewing Alibaba again I believe Ill never buy this seemingly attractive Chinese tech stock for three simple reasons.

Why Did Alibaba Stock Drop. Report are dropping by 548 to 7681 on Monday morning as China-based stocks decline from. More pain coming this week.

It last traded at an FCF yield of 85 which reached an incredible 114 at the recent bottom. After hitting a yearly low earlier this month Alibaba stock is now on track to. 13 and finished at 30878 which set a new all-time high.

Cutting its price target to 135 and warning that Alibabas FY22 revenue growth is going to be toward the low end of its 20-23 year-over-year guidance. Its growing dependence on lower-margin businesses. You see the main culprit today is a slight revenue miss.

Baba stock down 194 premarket. The valuation is extremely compelling here Gibson said. Therefore we can surmise that the fear in Alibaba stock is.

Alibaba Stock Is Falling. Shares of Alibaba BABA -668 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 could be. I cant even DCA anymore.

EST on Thursday after the Chinese tech giant reported misses on both the top and bottom lines for its fiscal second quarter. Share your opinion and gain insight from other stock traders and investors. Its turning into a nightmare to own this stock.

NEW YORK TheStreet -- Shares of Alibaba Group Holding BABA - Get Alibaba Group Holding Ltd.

Alibaba Stock Near 52 Week Low What S Next Nasdaq