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![1 Stock I Wouldn't Touch With a 10-Foot Pole -- and Here's Why: https://g.foolcdn.com/editorial/images/760563/logo-sign-on-grass_alibaba.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNXNLYkE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--b65632f578a6b3bc48bac86c36ea93e596242cb6/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/logo-sign-on-grass_alibaba.jpg?locale=us)
1 Stock I Wouldn't Touch With a 10-Foot Pole -- and Here's Why
Not all stocks are created equal. While a few companies hold the potential to become the next Apple or Home Depot, many others will underperform the S&P 500 -- or even fall to $0.
Even companies
![Why Alibaba Stock Fell 12% in 2023: https://g.foolcdn.com/editorial/images/761036/alibaba-photo.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNlVKYkE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--2fb7db3dc4d8252222a28419477c4ee6318ba940/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/alibaba-photo.jpg?locale=us)
Why Alibaba Stock Fell 12% in 2023
Alibaba (NYSE: BABA), the Chinese e-commerce giant, continued to struggle in 2023 as a hoped-for recovery in the Chinese economy failed to materialize, the company continued to lose market share to
![Alibaba Stock: Buy, Sell, or Hold?: https://g.foolcdn.com/editorial/images/760386/alibaba-photo.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMFFFYkE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--3200ad1de774c0046ab0d0b9ec508a424b2d1f49/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/alibaba-photo.jpg?locale=us)
Alibaba Stock: Buy, Sell, or Hold?
Few stocks have as many competitive advantages as Alibaba (NYSE: BABA) yet have been as disappointing on the stock market.
Shares of the Chinese tech giant have fallen 68% over the past three years
![Best Stock to Buy: Amazon vs. Alibaba: https://g.foolcdn.com/editorial/images/760223/tracking-investments-wealth-family-planning.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBME1EYkE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--1e785967abab986500edfac7960e69206c3ed588/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/tracking-investments-wealth-family-planning.jpg?locale=us)
Best Stock to Buy: Amazon vs. Alibaba
When China's e-commerce outfit Alibaba (NYSE: BABA) went public back in 2014, investors were understandably stoked. The market was looking for the next Amazon (NASDAQ: AMZN), which had performed
![Why Tencent Stock Was Climbing Today: https://g.foolcdn.com/editorial/images/760036/china-e-commerce.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMVVBYkE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--15edb63d0b521bb86625d529be1ae67c11fec41e/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/china-e-commerce.jpg?locale=us)
Why Tencent Stock Was Climbing Today
Shares of Tencent (OTC: TCEHY), the Chinese tech giant and parent of WeChat, were moving higher today on news that Beijing had taken a step to support the gaming industry, potentially signaling
![Better AI Stock: Alphabet vs. Baidu: https://g.foolcdn.com/editorial/images/759798/androids-in-suits.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBN0gvYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--0f19f10b3cbc42fc5c92768ea15f36a0402fa41f/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/androids-in-suits.jpg?locale=us)
Better AI Stock: Alphabet vs. Baidu
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Baidu (NASDAQ: BIDU) bear many striking similarities. Alphabet's Google owns the world's largest search engine, the third largest cloud infrastructure
![Why Alibaba Stock Slipped to Start the New Year: https://g.foolcdn.com/editorial/images/759972/alibaba-photo.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMHIvYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--98849c12e156a485e92be000ad0466b36b9a7d0b/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/alibaba-photo.jpg?locale=us)
Why Alibaba Stock Slipped to Start the New Year
Alibaba (NYSE: BABA) investors have had to endure a lot over the last few years. After founder Jack Ma made insulting comments about Chinese finance ministers, the tech giant bore the brunt of
![3 Reasons to Buy PDD Holdings Stock Like There's No Tomorrow: https://g.foolcdn.com/editorial/images/759412/investing-screen-analysis-investor-growth-stocks.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeEQ5YXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--cdb8daba2b184e3e0329e1494fc8b0c940043cd7/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/investing-screen-analysis-investor-growth-stocks.jpg?locale=us)
3 Reasons to Buy PDD Holdings Stock Like There's No Tomorrow
China's PDD Holdings (NASDAQ: PDD) isn't exactly a household name here in America. In fact, there's a good chance you've never even heard of it. Even prior to its name change early this year, the
![Why Tencent Stock Dropped Today: https://g.foolcdn.com/editorial/images/759219/brothers-playing-video-games-gaming.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeWI2YXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--d02adeaa7996fcc7d8eb186322052dfae0d00407/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/brothers-playing-video-games-gaming.jpg?locale=us)
Why Tencent Stock Dropped Today
Shares of Tencent (OTC: TCEHY) were down 10.3% as of 12 p.m. ET Friday after Chinese authorities proposed new rules aimed at curbing excessive online gameplay and spending.
In a draft document
![Why NetEase, Huya, and Gaotu Techedu Stocks All Dropped Today: https://g.foolcdn.com/editorial/images/759206/man-examines-a-stock-chart-superimposed-on-a-chinese-flag.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeWY2YXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--6774cedeea7473b4393fd854ec26ca13e499a7ff/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/man-examines-a-stock-chart-superimposed-on-a-chinese-flag.jpg?locale=us)
Why NetEase, Huya, and Gaotu Techedu Stocks All Dropped Today
As the trading week winds down on Friday and heads into the holidays, there's big trouble brewing in China's big tech sector. Shares of online gaming company NetEase (NASDAQ: NTES) crashed 15%
![Alibaba Plans to Unlock Value for Shareholders. Here's How.: https://g.foolcdn.com/editorial/images/758891/credit-score-shopping-getty.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeHo2YXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--32d4f88847d019717cc26118b7d4d333e45fe8b6/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/credit-score-shopping-getty.jpg?locale=us)
Alibaba Plans to Unlock Value for Shareholders. Here's How.
How low can you go? That's the question some Alibaba (NYSE: BABA) investors might be asking as the stock slips close to its lowest-ever valuation. Alibaba's price-to-sales (P/S) ratio today stands
![1 Stock Down Nearly 59% that Wall Street Expects to Soar 61%: https://g.foolcdn.com/editorial/images/758754/analyst_studying_chart_on_a_laptop_and_writing_on_a_notepad.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBL2I1YXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--1c2c30b74a0699c24d25d5d57d6f53e11c82b97c/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/analyst_studying_chart_on_a_laptop_and_writing_on_a_notepad.jpg?locale=us)
1 Stock Down Nearly 59% that Wall Street Expects to Soar 61%
Singaporean e-commerce giant Sea Limited's (NYSE: SE) share price has plummeted nearly 59.7% from its 52-week high of $88.84. It was once touted as a high-octane stock, but investor sentiment for
![Why Alibaba Stock Topped the Market on Thursday: https://g.foolcdn.com/editorial/images/759142/person-looking-in-mirror-at-a-red-dress.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNDc1YXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--7762b13a4d462bc61c03b1a49c5a6366828860ba/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/person-looking-in-mirror-at-a-red-dress.jpg?locale=us)
Why Alibaba Stock Topped the Market on Thursday
A new analyst note on Alibaba (NYSE: BABA) pushed the company's stock higher on Thursday. While the document didn't indicate a change in view from its author, it did help support the bull case for
![Why JD.com Stock Is Falling Today: https://g.foolcdn.com/editorial/images/758705/an-arrow-moving-down-above-chart-lines.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOWoxYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--f9ad5552bb756b76744e31b4c05bc17e0c560944/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/an-arrow-moving-down-above-chart-lines.jpg?locale=us)
Why JD.com Stock Is Falling Today
JD.com (NASDAQ: JD) stock is losing ground in Monday's daily trading session. The Chinese e-commerce company's share price was down 2.7% as of 3:30 p.m. ET, according to data from S&P Global Market
![1 Growth Stock Down 77% to Buy Right Now: https://g.foolcdn.com/editorial/images/758419/logo-sign-in-office-lobby-space_alibaba.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNjMwYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--ce58fcad3893fd5373a7bd2a706133a01e1290d7/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/logo-sign-in-office-lobby-space_alibaba.jpg?locale=us)
1 Growth Stock Down 77% to Buy Right Now
The case for not owning a stake in China's e-commerce powerhouse Alibaba Group (NYSE: BABA) has been strong enough since late 2020. That's when the rapid growth of online shopping spurred by the
![Why Alibaba Stock Crushed the Market Today: https://g.foolcdn.com/editorial/images/758482/person-using-a-smartwatch.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeC8wYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--4f7bc000a11c1dd8f163683563837da7ea23f5d3/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/person-using-a-smartwatch.jpg?locale=us)
Why Alibaba Stock Crushed the Market Today
A new top-down economic stimulus program from the Chinese government was stimulating interest in the country's stocks on Friday. One of the nation's big corporate champions, e-commerce giant Alibaba
![Could Alibaba Stock Double in 2024?: https://g.foolcdn.com/editorial/images/758016/logo-sign-in-office-lobby-space_alibaba.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNTd2YXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--20b2a3747b2fdd6246f39c10c6f1431411598ac0/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/logo-sign-in-office-lobby-space_alibaba.jpg?locale=us)
Could Alibaba Stock Double in 2024?
In this video, I will be talking about Alibaba (NYSE: BABA), the Chinese economy, Pinduoduo, and why I believe Alibaba stock could double from the price it's at today.
*Stock prices used were from
![3 Dirt-Cheap Stocks That Could Skyrocket: https://g.foolcdn.com/editorial/images/757047/turbocharge-boost-rocket-take-off-investing-success-performance-piggy-bank.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNnJvYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--23f7ee7caa4756992b6695c0a8b9314c399410d8/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/turbocharge-boost-rocket-take-off-investing-success-performance-piggy-bank.jpg?locale=us)
3 Dirt-Cheap Stocks That Could Skyrocket
Experienced investors know they should be willing to pay a premium price for a high-quality stock. On the flip side, not all names worth owning are necessarily priced at a premium. Sometimes the
![Best Stock to Buy: Pinduoduo (PDD) vs. JD.com: https://g.foolcdn.com/editorial/images/756593/woman-box-items.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeS9tYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--73e29a2b876cfab7b5761e74468b959e9c74b5d7/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/woman-box-items.jpg?locale=us)
Best Stock to Buy: Pinduoduo (PDD) vs. JD.com
JD.com (NASDAQ: JD) and PDD Holdings (NASDAQ: PDD) -- better known as Pinduoduo -- are China's second- and third-largest e-commerce companies, respectively, after Alibaba (NYSE: BABA).
JD, which was
![Pinduoduo Stock Just Hit a 2-Year High. Here's Why.: https://g.foolcdn.com/editorial/images/756581/online-shopping-groupon-like-getty.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBOUhsYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--40a5b9146edc9370e33b2c8b6ad62c10eecd9255/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/online-shopping-groupon-like-getty.jpg?locale=us)
Pinduoduo Stock Just Hit a 2-Year High. Here's Why.
It has been challenging for investors in Chinese companies in the last two years. Leading names like Alibaba, Tencent, and others saw massive declines in their share prices.
Yet the up-and-coming
![Why Alibaba, JD.com, and PDD Holdings Stocks All Dropped Today: https://g.foolcdn.com/editorial/images/756803/silver-dice-on-a-stock-chart-read-buy-and-sell.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBejNsYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--753b37041dcb1dc342d79a24daa2b31fc5093f0f/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/silver-dice-on-a-stock-chart-read-buy-and-sell.jpg?locale=us)
Why Alibaba, JD.com, and PDD Holdings Stocks All Dropped Today
Investment bank Morgan Stanley shook up the market for Chinese e-commerce stocks Thursday evening, downgrading Alibaba (NYSE: BABA) in a research report on the industry, cutting its price target on
![Why Alibaba Stock Dropped Again Today: https://g.foolcdn.com/editorial/images/756511/1-white-arrow-declining-sharply-atop-a-stock-tickertape-display-bathed-in-red.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBN0hpYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--b1e68afe2c4a7a3907e01bc6ccd32a75bcc77d55/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/1-white-arrow-declining-sharply-atop-a-stock-tickertape-display-bathed-in-red.jpg?locale=us)
Why Alibaba Stock Dropped Again Today
Alibaba Group (NYSE: BABA) stock marked its fourth straight day of declines on Wednesday, falling another 2.6% through noon ET. That sounds bad, but actually, the stock's really down only about 5.5%
![Why PDD Holdings Stock Was Moving Higher Again Today: https://g.foolcdn.com/editorial/images/756481/china-e-commerce.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBNmppYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--c499a54c2dbbe332ea0a66ddc80c505252081145/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/china-e-commerce.jpg?locale=us)
Why PDD Holdings Stock Was Moving Higher Again Today
Shares of PDD Holdings (NASDAQ: PDD), a Chinese e-commerce company and owner of discount-priced sites Pinduoduo and Temu, were climbing for the second day in a row today.
Today's gains came one day
![Why Alibaba Stock Keeps Going Down: https://g.foolcdn.com/editorial/images/756342/1-glowing-red-arrow-trending-down-on-a-stock-chart.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMS9oYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--0b14069712ae43821ec4607af3a764a20f55e5f1/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/1-glowing-red-arrow-trending-down-on-a-stock-chart.jpg?locale=us)
Why Alibaba Stock Keeps Going Down
For the third trading day in a row, shares of Alibaba Group (NYSE: BABA) are sliding down, as investors continue to reckon with Alibaba's decision to not IPO its Cloud Intelligence Group (CIG) cloud
![Why Are Shares of Pinduoduo Stock Soaring This Morning?: https://g.foolcdn.com/editorial/images/756320/smiling-people-on-couch-shop-online-in-china-source-pinduoduo.png](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMUxoYXc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--edee4b6dcdf67fcaa4330ccbf93c7dfb4a7dd2d3/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/smiling-people-on-couch-shop-online-in-china-source-pinduoduo.png?locale=us)
Why Are Shares of Pinduoduo Stock Soaring This Morning?
In this video, I will go over Pinduoduo's (NASDAQ: PDD) recent earnings report, which beat on both the top and bottom lines. This might also explain Alibaba's weakness.
*Stock prices used were from