This Fast-Growing Company Just Repurchased $4.8 Billion in Shares -- Its Second-Biggest Quarterly Buyback Ever. Should Investors Jump on the Stock?
The Motley Fool
APRIL 8, 2024
This continues Alibaba's struggles, a stock that has suffered a net loss since its initial public offering (IPO) in 2014. Knowing its history, is the share repurchase the move the Chinese e-commerce retailer and cloud service provider needs to inspire a recovery, or should investors remain on the sidelines?
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