Alibaba (BABA) Dips 7.2% in a Year: Should Investors Hold or Fold?
BABABABA(BABA) ZACKS·2024-08-23 01:25

Alibaba (BABA) has seen its stock price decrease 7.2% in a year, significantly underperforming the Zacks Internet-Commerce industry, the broader retail sector and the S&P 500 index’s growth of 22.5%, 19.6% and 26.1%, respectively, in the same time frame.This drop is now prompting investors to question whether to maintain their positions or consider selling their shares in the leading e-commerce company in China. The decrease comes amid broader market volatility and certain challenges being faced by China. T ...