Alibaba Group is a Chinese multinational technology company specializing in e-commerce, retail, computing and other tech services. It was founded in China in 1999 and trades on the NYSE in addition to the Hong Kong and Frankfurt stock exchanges. Learn the latest information and analysis on the company, BABA stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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The Alibaba stock price saw very good growth from its IPO in 2014 through 2020, but declined significantly due to pressure from Chinese regulators. The stock lost 50% of its price in a year and is still going down (as of February ‘22), which makes it a bargain according to some analysts. This can make this stock worth a buy as a short-term position, as well as in the long term in case the company manages to overcome all of its difficulties. Unfortunately, the CCP is here to stay and the situation is yet to be resolved. It’s interesting that Warren Buffett’s main partner Charlie Munger spoke about his position in Alibaba and appreciation for the quality and value of Chinese businesses, while Buffett himself decides to stay out of it.
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