Here’s What You Need to Know

China’s e-commerce giant Alibaba (BABA) is set to release first-quarter fiscal 2022 earnings on August 3.

Over the past six months, shares of the company have plunged 26%, and it is now trading at over $195.

Given the macroeconomic recovery and accelerated digitalization in China, it is worth taking a look at Alibaba’s fundamentals ahead of the results. A strong set of numbers in fiscal Q1 could help the stock regain investors’ confidence, so let’s take a closer look at what analysts…


Source link

About search

Check Also

Bull Market Beckons for Hang Seng Index as Property Stocks Surge – Yahoo Finance

Bull Market Beckons for Hang Seng Index as Property Stocks Surge – Yahoo Finance

[unable to retrieve full-text content]Bull Market Beckons for Hang Seng Index as Property Stocks Surge  Yahoo …

Leave a Reply

Your email address will not be published. Required fields are marked *