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Alibaba Is Now Down 31% This Year: Is BABA Stock a Falling Knife or Poised for a Comeback?

Source: 247wallst.com

Emerging MarketsInvestor Sentiment & Positioning
Alibaba Is Now Down 31% This Year: Is BABA Stock a Falling Knife or Poised for a Comeback?

A leading e-commerce name has declined this year roughly in line with the broader basket of Chinese internet stocks. Its performance has made the debate over whether the group is “dead money” a broader referendum on Chinese internet stocks; the article provides no specific company, percentage decline, or market reaction.

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