Alibaba: Is the Worst Over Now?

Jeremy Bowman, The Motley Fool
·5-min read
Alibaba: Is the Worst Over Now?

Shares of Alibaba (NYSE: BABA) were flying higher on Monday after the company received a $2.8 billion fine from China's anti-monopoly regulator, the State Administration for Market Supervision (SAMR). In 2019, Facebook was fined $5 billion by the Federal Trade Commission over violating consumers' privacy rights, and the stock barely flinched.