Alibaba’s Stock Continues To Be Under Pressure Due To Regulatory Issues
- Thursday, September 23, 2021, 5:31
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Alibaba’s stock has fallen by 33% since the end of FY 2021 (ended March 2021). In comparison the S&P 500 grew by 10% in the same period. As per Trefis’ Alibaba’s valuation is $229 indicating a potential upside. For Q1 2022 (ended June 2021), the company posted revenues of $31.9 billion, up by 46%…
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