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how to buy alibaba stock 6/3/2017 Update: Alibaba closed trading on Friday at $124.13 and been on fire for the last six months along with the rest of the market. The last earnings report in May propelled the stock higher as investors were happy with the companies reported numbers.
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BABA's stock dropped sharply after missing third-quarter earnings estimates. Margins are compressing, but due almost entirely to growth-related investments. The
7 Takeaways From Google's $550-Million Investment in Alibaba Rival JD.com. Google and JD could each find a lot of value in the other company's technology and expertise. Meanwhile, Alibaba could mull a countermove.
Alibaba Group Holding Ltd (NYSE:BABA) has long been dubbed the Amazon.com, Inc. (NASDAQ:AMZN) of China, which itself sounds like a compelling bullish argument for Alibaba stock.
Alibaba Group Holding Limited fell by -5.33% in the last day from $202.01 to $191.25 and has now fallen 4 days in a row. The price has fallen in 6 of the last 10 days and is down by -7.02% for this period.
Shares of Alibaba Group Holding Ltd. are up 0.5% in premarket trading Wednesday after MKM Partners analyst Rob Sanderson penned an upbeat note about the company and, particularly, its "new retail" business that attempts to merge online and offline commerce.
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Alibaba Group Holding Ltd. (NYSE:BABA) profitability is something that Amazon and Wal-Mart can learn from. Is BABA stock a buy? Read more to find out.
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