Archives for June 2016

June 2016 - Page 27 of 28 - Money Morning - Only the News You Can Profit From

The Alibaba Stock Price Drops Nearly 3%, Why We're Still Bullish

The Alibaba stock price today is falling after one of its biggest holders, SoftBank, sold $7.9 billion worth of BABA stock.

After Alibaba reported it was under investigation from the SEC at the end of May, investors can't seem to catch a break with this company.

But Wall Street is completely ignoring the real reason SoftBank sold its shares. In fact, there's a much bigger Alibaba stock story going on that you need to hear...