Alibaba Is Now Down 31% This Year: Is BABA Stock a Falling Knife or Poised for a Comeback?

A leading e-commerce name’s decline this year has tracked the broader basket of Chinese internet stocks almost point for point, turning the dead-money debate into a referendum on the whole group. Shares of Alibaba Group (NYSE:BABA) are down 31% year to date (YTD) to $99.91 this afternoon, a decline that shows how sharply the market […]