why does alibaba stock keep going down

China slow down had affected its share values. ET Alibaba stock is down 48.

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Alibaba group holding nyse.

. As of 1030 am. There are many potential reasons why BABA has fallen. Take a look at the monthly chart below.

The Shares Could End 2021 at a Year Low. Why Did Alibaba Stock Drop. For tech stocks that would be a further 25 percent drop.

If that cloud business is now in trouble then it makes total sense that Alibaba stock should be going down today. Alibaba BABA continues to suffer from. As of 10 am.

Market regulators have been musing publicly about potentially delisting Chinese stocks from American exchanges is another reason for investors to be extremely cautious when it. Shares of Alibaba Group BABA -454 plunged 109 as of 1125 am. Alibaba BABA stock forecast Investors may rejoice at the current bounce in Chinese tech stocks but this has all the makings of yet another dead cat bounce.

And that means were. 100 is the next major support as 110 is held for now. Certainly it is not because the company generated 34 year over year YOY revenue growth in the latest quarter.

BABA 15-Year Financial Data The intrinsic value of BABA Peter Lynch Chart of BABA Increasing scrutiny From hitting a high of around 317 per share in October 2020 Alibaba shares have plunged to. All that being said 200 -- or even 135 a share -- still implies gains of anywhere from 27 to 87 in Alibabas stock price over the course of the next 12 months. 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 forced.

The billionaires wealth is down dramatically from its peak. EDT Monday and given the headlines coming out of China last week regarding how the government is cracking down on. Its Wednesday morning and Alibaba Group Holding BABA -082 stock is still going up.

BABA stock tumbled on Tuesday down 28 as of 145 pm. Alibaba BABA stock forecast. Shares of Alibaba found themselves under pressure after a Wall Street Journal report suggested that Chinas regulators were ready to.

What could be the possible reasons behind fall in price of Alibaba shares. Ma was worth as much as 666 billion when Alibabas stock price hit a record. When economy is down purchasing power tend to go down and hence its value will be affected in the near term.

Alibaba stock is now down at 5-year lows. Many are losing their jobs in real estate and manufacturing sector. The regulators reportedly want Alibaba to end its exclusive deals with merchants and throttle its promotional pricing strategies which could make it tougher for its core profit engine to keep.

Alibaba Stock Is Moving Lower As Regulatory Risks Increase. For crypto it could. Government is investigating its cloud business to.

ET this morning shares of the Chinese e-commerce giant are up 36. BABA stock did manage to retrace back to the 9-day moving average but has not broken back above. EST on Thursday after the Chinese tech giant reported misses on both the top and bottom lines for its fiscal second quarter.

Shares of Chinas Alibaba Group Holding NYSE. 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. Shares of Chinese e-commerce giant Alibaba Group Holding dropped 4 as of 10 am.

Alibaba Stock Is Moving Lower As Regulatory Risks Increase Shares of Alibaba found themselves under pressure after a Wall Street Journal report suggested that Chinas regulators were ready to. Baba shares are trading lower on tuesdaythe shares of several chinese companies are trading lower amid rising us-china tech tensions after president trump. Alibaba Stock Is Falling.

The fact that US. After hitting a yearly low earlier this month Alibaba stock is now on track to. 19 hours agoSome strategists are saying prices could continue to fall until they land back where they were before the pandemic.

ET after Reuters reported that the US.

Alibaba Stock Keeps Falling Sending Jack Ma S Net Worth Down 30 Billion In A Year