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Is Alibaba Stock A Buy Right Now Amid Increased Regulatory Scrutiny?

·6 min read
Is Alibaba Stock A Buy Right Now Amid Increased Regulatory Scrutiny?
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Alibaba soared 10% on Dec. 6 on news of a management shakeup and an overhaul of its ecommerce business, but the stock's price action since then has been terrible. With BABA stock more than 50% off its high, it might look like it's on sale now, but is Alibaba stock a buy now? Alibaba also announced plans to restructure its ecommerce operations by forming two new digital commerce divisions, focused on international and domestic markets.