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Private Briefing
with WILLIAM PATALON III, Executive Editor

This "Spare-Change Stock" Will Make You a Million Dollars

Shares of Alibaba Group Holding Ltd. (NYSE: BABA) slumped 2.88% yesterday and actually hit an intraday low of $80.03 – its lowest price since it debuted as a public company back on Sept. 19.

Although the intraday low is still 17.7% above Alibaba’s $68-a-share initial public offering (IPO) price, it’s now 33% below the intraday high of $120 a share hit back on Nov. 13.

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