On February 24th, Alibaba reported its 3rd Quarter earnings. The shares dropped after reporting their slowest year-over-year revenue growth on record at only 10%.
Alibaba has been facing many difficulties over the last year, which caused the stock to sell off. They've recently dealt with slowing growth within China as e-commerce competition has increased.
Assessing China’s “common prosperity” campaign:
https://www.brookings.edu/blog/order-from-chaos/2021/09/09/assessing-chinas-common-prosperity-campaign/
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P/E Calculator
https://docs.google.com/spreadsheets/d/1SSI7dE1NENgrPB7x2_Nuf5WpcIPzoICP_oahOKK_W2g/edit#gid=142567238
DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.
Alibaba has been facing many difficulties over the last year, which caused the stock to sell off. They've recently dealt with slowing growth within China as e-commerce competition has increased.
Assessing China’s “common prosperity” campaign:
https://www.brookings.edu/blog/order-from-chaos/2021/09/09/assessing-chinas-common-prosperity-campaign/
Get a Free Stock Buy Signing Up For Robinhood!
https://join.robinhood.com/nichold83
P/E Calculator
https://docs.google.com/spreadsheets/d/1SSI7dE1NENgrPB7x2_Nuf5WpcIPzoICP_oahOKK_W2g/edit#gid=142567238
DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.
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