BABA Stock: Why Hedge Funds Are Rushing Into Alibaba
November 18, 2014 at 17:25 PM EST
Retail investors aren't the only ones snatching up shares of Alibaba Group Holding Ltd. (NYSE: BABA) stock. In Q3, Alibaba was the most purchased new stock among hedge funds. Now, institutional investors hold more than 227 million BABA shares. The post BABA Stock: Why Hedge Funds Are Rushing Into Alibaba appeared first on Money Morning - Only the News You Can Profit From .