Alibaba Stock Loses $344B In A Year In Historic Wipeout

Monday, 25 October 2021, 20:49:38
In just a year, Alibaba Group Holding Limited (NYSE: BABA ) has lost around $344 billion in market capitalization, the largest-ever decline in shareholder value globally, reports Bloomberg . Last year, Alibaba founder Jack Ma faced summons from the Chinese authorities when they suspended the listing of Alibaba”s fintech arm Ant Group. With that, Alibaba”s shares started sinking and authorities urged a restructure of its fintech business. Full story available on Benzinga.com
— Benzinga

Caliber Wealth Management, Llc Buys VanEck Investment Grade Floating Rate ETF, Sunrun Inc, MFAM …

Monday, 25 October 2021, 20:38:19
Related Stocks: RUN , NOW , JPM , MAR , CPNG , FLTR , MFMS , BILL , DOMO , ASAN , WMT , BABA , IJR , KO , CRCT , SLQD ,
— GuruFocus

Unison Asset Management LLC Buys Lockheed Martin Corp, Alibaba Group Holding, Sells Huntington …

Monday, 25 October 2021, 20:38:13
Related Stocks: LMT , BABA , HII ,
— GuruFocus

Howard Capital Management Group, LLC Buys Stanley Black & Decker Inc, ProShares UltraPro …

Monday, 25 October 2021, 20:38:08
Related Stocks: SWK , UPRO , RHP , NEE , LLY , WM , BABA , CORE , GE , MMM ,
— GuruFocus

Orca Investment Management, LLC Buys PowerShares Variable Rate Investment Grade Portfol, AMMO …

Monday, 25 October 2021, 20:38:07
Related Stocks: FLRN , IIVI , VRIG , POWW , TILT , NVDA , BABA ,
— GuruFocus