Expect the share price to make up lost ground after a slow start to 2021
Thursday 15 Apr 2021 Author: Steven Frazer
ALIBABA ( BABA ) $244.01 Loss to date: 4.8% Original entry point: Buy at $256.22, 23 December 2020 A $2.8 billion antitrust fine by the Chinese authorities may look punishing for Alibaba (BABA:NYSE) but it effectively draws a line under an issue that has been dogging the shares for month. It represents barely 10% of the company’s annual free cash flow so is unlikely to hurt the company in...