China’s Alibaba Antitrust Case, Yuan Appreciation, FANMAG Not Confirming New Market Highs And Cathie Wood
December 27, 2020 at 04:52 AM EST
On Thursday, a completely unimportant day, something important happened: China initiated an antitrust probe into Alibaba, hitting its shares to the tune of 13.34% on 7x average volume by far the highest volume day of the last 12 months.