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BABA Stock: Why Hedge Funds Are Rushing Into Alibaba
Retail investors aren't the only ones snatching up shares of Alibaba Group Holding Ltd. (NYSE: BABA) stock.
In Q3, Alibaba was the most purchased new stock among hedge funds. Now, institutional investors hold more than 227 million BABA shares.
Retail investors aren't the only ones snatching up shares of Alibaba Group Holding Ltd. (NYSE: BABA) stock.
In Q3, Alibaba was the most purchased new stock among hedge funds. Now, institutional investors hold more than 227 million BABA shares.