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Alibaba Stock Just Hit a 52-Week Low. Is It a Buy?

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Alibaba Stock Just Hit a 52-Week Low. Is It a Buy?

Sound the alarm bells (or ring the dinner bell)! On Thursday morning, shares of Chinese e-commerce giant Alibaba (NYSE: BABA) dropped to as low as $91.09 per share.

And in doing so, they set a new 52-week low.

Image source: Getty Images.

Source Fool.com

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