Alibaba Stock Is Rebounding. It’s Not Time to Buy.

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Alibaba stock is up 18% in the past week.

Greg Baker/AFP via Getty Images

Shares of Alibaba Group Holding are on a five-day recovery spree off lows after Chinese authorities imposed a smaller-than-expected fine against food delivery company Meituan and filings showed value guru Charlie Munger’s Daily Journal has doubled its stake in the e-commerce behemoth.  

The gains may be an opportunity to sell rather than buy.


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