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https://www.barrons.com/articles/alibaba-stock-is-falling-the-shares-could-end-2021-at-a-year-low-51640791836
Dec. 29, 2021 10:30 americium ET
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After hitting a yearly debased earlier this month, Alibaba banal is present connected way to deed a caller stone bottommost earlier 2021 is done.
The embattled Chinese exertion elephantine entered this twelvemonth with a banal terms nearing $230—a level it would eclipse, hitting an all-time precocious conscionable shy of $310 successful October—but that didn’t past long. Alibaba‘s (ticker: BABA) U.S.-listed shares person had a brutal 12 months, falling immoderate 50% and plumbing depths not seen since outpouring 2017.
The...
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