2022 has started on a healthy note for Alibaba (NYSE:BABA) shareholders. Shares of this e-commerce giant are up over 11% after losing a substantial portion of its value in 2021.  While Alibaba stock appreciated, TipRanks’ data shows that investors and hedge funds continue to maintain a negative outlook on Alibaba’s prospects.  Per the TipRanks’ Stock Investors tool, 6.9% of investors holding portfolios on TipRanks have reduced their exposure to Alibaba stock in the last 30 days. Furthermore, 1.8% of these investors cut their holdings in BABA stock in the last seven days. Similarly bearish are hedge fund managers. TipRanks’ Hedge Fund Trading Activity tool shows hedge funds have offloaded 1.
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