Alibaba Group Holding Limited (BABA): The Best Undervalued Stock According to Reddit? [Yahoo! Finance]
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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Source: Yahoo! Finance
Alibaba Group Holding Limited (NYSE:BABA) stands against the other undervalued stocks. If interested, read our recent piece on the 10 Most Undervalued Stocks to Buy for Under $20 Retail investors often discuss their investments on platforms such as Reddit and have become a major market force in recent years. According to a report , inflows from retail investors in the stock market between 2014 and 2019 averaged around $200 million, with a peak of $730 million in 2015. The figure spiked to $1.2 billion in 2020, with daily flows reaching $1.48 billion in 2021. Over the next couple of years, the value of inflows hovered between $1-1.4 billion per day, driven by commission-free online trading platforms and stimulus payments from the government. The surge in investor inflows is also owed to the pandemic, during which low interest rates and bond purchases by the Federal Reserve pumped heavy money into the American financial system. The year 2024 has already been a healthy year for the A
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News
- The used car market is projected to grow by USD 857.1 billion from 2024-2028, driven by rising competition and new car models, with AI influencing market trends - Technavio [Yahoo! Finance]Yahoo! Finance
- Mastercard Partners Alibaba.com to Launch a New Credit Card [Yahoo! Finance]Yahoo! Finance
- Alibaba to allow payment through Tencent's WeChat Pay for the first time on e-commerce apps [MSNBC.com]MSNBC.com
- China's Markets Still Manage To Get Nvidia AI Chips Via Smuggling: Report [Yahoo! Finance]Yahoo! Finance
- Ant Group Sees 300% Rise in International Users Adopting Mobile Payment in China in 2024 [Yahoo! Finance]Yahoo! Finance
BABA
Earnings
- 8/15/24 - Beat
BABA
Sec Filings
- 9/6/24 - Form 6-K
- 9/5/24 - Form 6-K
- 8/30/24 - Form 6-K
- BABA's page on the SEC website