Alibaba stock isn't without risks, but its progress lately could set the stage for a turnaround.Few tech giants have faced as sharp a reversal of fortune as Alibaba Group (BABA 3.48%). Once the pride of China's internet economy and a global e-commerce leader, Alibaba has spent the last four years navigating regulatory crackdowns, intensifying competition, and sluggish consumer demand. At its peak in 2020, shares traded above $300. Today, they trade at less than half that, a reflection of both real business ...