After Earnings, Is Alibaba Stock a Buy, a Sell, or Fairly Valued?
As the company halts the spinoff of its Cloud Intelligence Group, here’s what we think of Alibaba stock.
Source: morningstar.com
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Alibaba shows gap between chip haves and have-nots
Alibaba Group Holding Ltd last week had announced it cancelled the listing of its cloud services business, citing US restrictions on purchases of top-end semiconductors.
Source: thestar.com.my
Alibaba lost $21 billion in market value
* The Chinese technology group has delisted its cloud divisionAlibaba Group stunned investors late last week after it announced it would suspend plans to list its cloud computing division, Cloud Intelligence Group, while also revealing that Jack Ma, the Chinese giant's co-founder, plans to sell some of his shares.
Source: bursa.ro
Baystreet.ca - Why Alibaba Stock Crashed Last Week
Ahead of China e-commerce giant Alibaba (BABA) posting results, shares rallied to nearly $88.00 before plunging to as low as $77.00. The company startled shareholders when it announced it would cancel spinning off its cloud division. In the Q2 report, ...
Source: baystreet.ca
