Alibaba Q3: It Is Always Darkest Before The Dawn

Robert Way Alibaba Group Holding Limited (NYSE:BABA) is continuing to struggle and investors in Alibaba certainly have a difficult time and hardly anything to be optimistic about. The stock is once again close to the all-time lows set in late 2022 around $58. Data by YCharts My last bullish article about Alibaba was published in November 2023 and since then, the stock declined another 8% in value. And while the pain for investors is continuing, I will once again renew my bullish thesis. In the following article, I will provide an update about the business and update my intrinsic value…