Alibaba Group Holding Limited ($BABA) has experienced significant volatility in its stock price over the past three months, fluctuating between $80 and $118 before settling at $85. Analysts and investors have expressed frustration over the stock's performance, with one noting it has 'accelerated its way to 0.' The broader trend in Chinese American Depository Receipts (ADRs) reflects a downturn since the U.S. elections on November 5, with $BABA down 16% from $99 to $83. Other major Chinese ADRs, including Pinduoduo ($PDD) and Baidu ($BIDU), have also seen declines of 19% and 13%, respectively, during this period, indicating a challenging environment for these stocks.