Can Alibaba’s Stock Price Recover And Rally Back Above $100?

Alibaba Group Holding’s (Alibaba) shares have certainly been hit hard in 2015 and lost around 27.5% year to date. But one wonders whether they can recover to $100 mark or more. It’s a big reversal of fortune from last September’s initial public offering (IPO) in New York when the stock shot up 38% over the $68 flotation price.

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