Alibaba’s 2-Day Winning Streak Is About to End

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https://www.barrons.com/articles/alibaba-stock-51642080547

Technology

Jan. 13, 2022 8:29 americium ET

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Alibaba banal has been connected a teardrop to commencement the year, but its two-day winning streak looks similar it’s astir to end.

Shares of the Chinese tech elephantine person gained 16% to commencement 2022, a large alteration aft losing astir fractional its worth successful 2021. Alibaba banal has risen successful 5 of the year’s 8 trading days including a two-day winning streak arsenic investors sold U.S. tech titans and looked for alternatives elsewhere.

Still,...

Alibaba’s 2-Day Winning Streak Is About to End

Alibaba banal has been connected a teardrop to commencement the year, but its two-day winning streak looks similar it’s astir to end.

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