Revolution Investing Opinion: Five reasons high-flyers in the stock market will crash down to earth Published: Aug. 12, 2022 at 2:16 p.m. ET Your browser does not support t...
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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It's never boring these days. Recall that there are times when the S&P 500 goes 100 days or more without making a 1% intraday move. But big moves are the norm nowadays — and they aren't bullish. Neither is the fact that the many of the worst of the low-quality stocks that are down still down 80%-90% from highs are continuing to spike. Much, probably most, of the recent rally action for those and other downtrodden stocks has resulted from short covering. Short-selling is when people borrow stock from their broker to sell it immediately, hoping to buy it back at a lower price, return it to the lender and pocket the difference. Short covering is when the trader buys the shares to close out a short position. Short-selling got to be very profitable for a month or two when the stock market was tanking in May and June. But, of course, the action brought in too many short-sellers, which made it crowded. That crowd has thinned out in the past couple weeks. Here are five main reasons I
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News
- Alibaba.com Unveils Affordable, Customizable Logistics Solutions for U.S. SMEs [Yahoo! Finance]Yahoo! Finance
- Alibaba.com Unveils Affordable, Customizable Logistics Solutions for U.S. SMEsPR Newswire
- Luxury brands have a new headache in China: Stingy shoppers are returning their goods, erasing up to 75% of their sales value [Fortune]Fortune
- Luxury Labels Hit by Soaring Number of Chinese Returning Goods [BNN Bloomberg (Canada)]BNN Bloomberg
- Explosive Growth Predicted: Large Language Model Market Set to Reach USD 6.5 Billion by 2024 To USD 140.8 Billion by 2033- Dimension Market Research [Yahoo! Finance]Yahoo! Finance
BABA
Earnings
- 2/7/24 - Beat
BABA
Sec Filings
- 4/2/24 - Form 6-K
- 3/26/24 - Form 6-K
- 2/23/24 - Form 20-F/A
- BABA's page on the SEC website