GeneralBearishBlockonomi · Jun 235/10
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Alibaba (BABA) Stock Plunges to Fresh 52-Week Low Amid Market Turmoil
Alibaba stock fell 3% to a 52-week low of $101.73 amid broader market weakness, despite analysts maintaining buy ratings with an average $189 price target. The significant gap between current price and analyst targets reflects market pessimism diverging from fundamental expectations.