Could a Trade War Hurt Alibaba Stock (BABA)?
Despite signs of a coming trade war between the United States and China, shares of Alibaba Group Holding Ltd (NYSE:BABA) have been surprisingly upbeat since the U.S. presidential election. Alibaba stock (BABA stock) rose eight percent in the last month, suggesting that the market doesn't think it will be impacted by a trade war with China.
Or perhaps it means the market doesn't believe that President-elect Donald Trump will engage in a trade war. Perhaps they think his inflammatory comments.
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Despite signs of a coming trade war between the United States and China, shares of Alibaba Group Holding Ltd (NYSE:BABA) have been surprisingly upbeat since the U.S. presidential election. Alibaba stock (BABA stock) rose eight percent in the last month, suggesting that the market doesn't think it will be impacted by a trade war with China.
Or perhaps it means the market doesn't believe that President-elect Donald Trump will engage in a trade war. Perhaps they think his inflammatory comments.
Den vollständigen Artikel lesen ...