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Shares of Netflix (NASDAQ:NFLX) were hit hard earlier this week. The stock slid nearly 8% Wednesday, following the streaming-TV company's first-quarter earnings report. While the company did miss analyst estimates when it came to its subscriber growth, did Wall Street overreact by selling shares so aggressively?
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<p style="margin: 0px 0px 0.8em; line-height: 1.8; background-color: #ffffff;">Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong and has met business associates in recent days, two sources told Reuters.</p>
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<p>Alibaba stock had been on a sharp downtrend for nearly one year even as the former China leader continues to deliver strong earnings and sales growth. After soaring 12% last week, Alibaba stock jumped again early Monday, up more than 3%, but is BABA stock a buy now?</p>
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