Why Alibaba Stock is Worth a Second Look Despite Challenging Headwinds
Why Alibaba Stock is Worth a Second Look Despite Challenging Headwinds
Alibaba (NYSE: BABA), had an impressive stock market debut with a record-breaking IPO in 2014. The company achieved a valuation of $169.4 billion and its stock soared to an all-time high of $312.87 in 2020. Fast forward to January 2024, and Alibaba’s stock closed just above its IPO price at $68.05, marking a steep decline ...