ALIBABA (BABA) STOCK | I BOUGHT THE DIP!

The Chinese regulators have launched an antitrust investigation because there were reports that Alibaba was pressuring merchants who sells goods on its platform to commit to not selling on its competitors.
Analyst Aaron Kessler quoted "We believe the most likely outcome is the termination of these exclusive relationships, though it is difficult to quantify the potential revenue impact (e.g. consumers shifting buying to other platforms).” He also reiterated the strong buy rating and has a $330 price target on Alibaba's stock.

$BABA closed today at 222


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DISCLAIMER: Please note that I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. I am merely sharing my opinion with no guarantee of gains or losses on investments. You are responsible for your own financial decisions. Please seek out a financial advisor if you’re looking for financial help.


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