facebook2021.4.10­, Alibaba was fined $2.8B by China. What will be the stock price next week?, Alibaba was fined $2.8B by China. What will be the stock price next week? - Seedly

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Daniel Ong

30 Jun 2021

Events

2021.4.10­, Alibaba was fined $2.8B by China. What will be the stock price next week?, Alibaba was fined $2.8B by China. What will be the stock price next week?

Discussion (3)

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Let me rub my crystal ball first........ ooh no. Not working either.

Jokes aside, no one can tell the share price in the future, it might go down if people deem this news as a huge red flag for Alibaba. It might also go up if people don't really think the news was note-worthy. Short-term, share prices are always irrational. Timing the market is pretty impractical.

2.8B fine on 2.7Billion shares.

About -$1 per share based on actual intrinsic value. But stock price, nobody will know. It's how people take it. Such times are when potential opportunities arise with assymetrical bets

CommonSense Investor

30 Jun 2021

Certified Professional at Biotechnology and Gene Therapy Industry

Sorry I think none of us come from the future...

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