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The Alibaba Stock Price Drops Nearly 3%, Why We're Still Bullish

The Alibaba stock price today is falling after one of its biggest holders, SoftBank, sold $7.9 billion worth of BABA stock. After Alibaba reported it was under investigation from the SEC at the end of May, investors can't seem to catch a break with this company. But Wall Street is completely ignoring the real reason SoftBank sold its shares. In fact, there's a much bigger Alibaba stock story going on that you need to hear... Tags: Alibaba Stock To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The Alibaba Stock Price Drops Nearly 3%, Why We're Still Bullish appeared first on Money Morning - We Make Investing Profitable .
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