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Why Alibaba Stock Popped Again Today

TheMotleyFool

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Shares of Alibaba Group Holding (NYSE: BABA) had jumped 2.5% as of 12:30 p.m. ET today. There's going to come a point in time when Wall Street starts to sound like a broken record when talking about Alibaba.

And that time just might be today. Because once again, investors in the Chinese e-commerce giant are being treated to the mixed signals of a Wall Street bank cutting its price target for Alibaba -- and at the same time promising monster profits to anyone who buys the stock.

Image source: Getty Images.

Source Fool.com

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