News Snapshot:
Alibaba (BABA) stock is trading flat for the year even as other tech stocks are in the red. However, the stock has been falling since the fourth quarter of 2020 after hitting its all-time highs. BABA stock plunged in Hong Kong trading today and looks set to fall in US markets in today’s price action. What’s the forecast for Alibaba stock and is it a good buy in February 2022? Alibaba stock recent developments China has increased the scrutiny of Ant Financial, where Alibaba owns a third of the stake. The country has reportedly asked banks to review their exposure...
