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Benzinga
Benzinga
Business
Adam Eckert

'You're Going To Get Ripped Off': Why These Investors Say You Should Avoid Alibaba Stock

BABA Alibaba Ant Weiss Alibaba Group Holding Ltd NYSE CNBC Gary Gensler Josh Brown United States

Alibaba Group Holding Ltd (NYSE:BABA) shares have sustained a significant rally over the last month, but some see trouble ahead for the Chinese e-commerce giant amid a murky regulatory landscape both overseas and in the U.S.

"The regulatory environment may be cooling in China, although they backtracked or they came out and said the news reports on an Ant IPO were wrong. However, what hasn't cooled is the regulatory environment here," Short Hills Capital's Steve Weiss said Thursday on CNBC's "Fast Money Halftime Report."

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