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The Best Investing Strategy for Alibaba Stock After Earnings
Alibaba stock was volatile this morning (Thursday) after the company reported quarterly earnings. Shares jumped more than 4% at the open, but were quickly down 2.5% in morning trading.
That volatility is typical of Alibaba stock, and it underscores the investing strategy we've been recommending for Alibaba Group Holding Ltd. (NYSE: BABA) since the 2014 IPO.
Alibaba stock was volatile this morning (Thursday) after the company reported quarterly earnings. Shares jumped more than 4% at the open, but were quickly down 2.5% in morning trading.
That volatility is typical of Alibaba stock, and it underscores the investing strategy we've been recommending for Alibaba Group Holding Ltd. (NYSE: BABA) since the 2014 IPO.