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Alibaba Stock Could Double. Splitting Up Fundamentally Changes the Valuation.

Por: MarketWatch Business March 29, 2023

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On Wednesday, the stock was up another 2%, to above $100, but still far below its record high of roughly $317 in October 2020. read more “From an investor sentiment impact perspective, we liken Alibaba’s reorganization to Google’s transformation to , a clear sentiment booster that should drive near-term stock price,” analysts, led by Alex Yao, wrote in a Wednesday note. “Nonetheless, we believe Alibaba’s reorganization could bring... + full article



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