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Alibaba Stock: Bear vs. Bull

TheMotleyFool

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Alibaba (NYSE: BABA), the largest e-commerce and cloud infrastructure company in China, went public on Sept. 19, 2014 at $68 per share. The stock opened at $92.70, ended the first trading day at $93.89, then rallied over the following six years to an all-time high of $317.14 on Oct. 27, 2020.

But as of this writing, Alibaba's stock has dropped to the low $70s, and it could retest its IPO price. Let's review the bear and bull cases again to see if Alibaba is becoming a value trap or a value stock.

Image source: Getty Images.

Source Fool.com

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