Alibaba Unveils Its Turnaround Plan: Will It Work?
It has been a rough year-plus for Alibaba (NYSE: BABA), which has seen its stock price decline some 60% since hitting all-time highs in October 2020. But with the calendar about to flip to 2022, management hopes to turn the page as well; Alibaba just held an analyst day in which the company laid out its plans to revive growth coming out of this rough period.
But was there really anything game-changing in the new presentation?
Source Fool.com