Scalper1 News
Alibaba Group (BABA) gets a lot of attention. It’s the world’s largest e-commerce company and dominates China, the largest Internet market. It had a record-setting IPO last year, quickly followed with a strong run-up. But the stock has been in a sharp decline since peaking at 120 on Oct. 13, falling to a post-IPO intraday low of 80.03 on Tuesday. Disappointing earnings and accusations of fake goods and fake orders have dogged Alibaba. While the Scalper1 News
Scalper1 News