|Day Low/High||34.90 / 35.14|
|52 Wk Low/High||26.00 / 39.64|
If you’re going to invest in China, focus on indexes, rather than picking individual names, one strategist said.
Quick returns of 200% or more are possible on initial public offerings but taking the long, broad view offers the best shot at solid returns.
The CNBC 'Fast Money' trading panel takes a look at Alibaba following China's Singles Day event, as well as the broader U.S. stock market.
CNBC's 'Fast Money' trading panel believe shares of Alibaba will have momentum going into 2015, while U.S. consumers will continue to benefit from lower gas prices.
Chinese-based Internet giant Alibaba registered with the SEC yesterday to go public in the U.S. stock market, and the company is valued between $130 and $150 billion.
The Chinese economy may be raising concerns because of its recent slowdown, but over the next 5 years it will see a boom in consumption, clean energy and health care.
The trading panel discussed today's drop and how to trade equities.