If You Invested $1,000 in Alibaba Stock in 2014, This Is How Much You Would Have Today
Alibaba Group (NYSE: BABA) stock went public in the U.S. in September 2014 with great fanfare. As the supposed "Amazon of China," investors had high hopes that it could earn massive returns like its U.S.-based counterpart.
However, the company has fallen short of these lofty expectations. Ultimately, its performance over that time offers lessons to investors, particularly those wanting to earn outsize gains on rising stars in the stock market.
If you had bought $1,000 worth of Alibaba stock on Sept. 19, 2014, that investment would now be worth approximately $1,030.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
€70.20
0.140%
The stock is one of the favorites of our community with 61 Buy predictions and 2 Sell predictions.
With a target price of 97 € there is a positive potential of 38.18% for Alibaba Group Holding Ltd ADR compared to the current price of 70.2 €.
