Alibaba (BABA) is today’s FOMO stock. Alex Coffey and Jenny Horne discuss BABA as there has been a general move lower in Chinese stocks. They talk about how BABA has had a tremendous amount of volatility and seen some small rallies in the past but ended up falling in the long run. They then go over how BABA’s affiliate company, Ant Group, receives tentative approval for IPO in Shanghai, Hong Kong. Finally, they demonstrate an example trade using BABA. Tune in to find out more.
09 Jun 2022