No two Hoovervilles were quite alike, and the camps varied in population and size. Some were as small as a few hundred people while others, in bigger metropolitan areas such as Washington, D.C., and New York City, boasted thousands of inhabitants. St. Louis, Missouri, was home to one of the countryâs largest and longest-standing Hoovervilles.
Alibaba shares are at an all-time low â and people are asking questions about fake customers. (REUTERS/Ruben Sprich) Jack Ma, founder and executive chairman of Alibaba Group. Alibaba shares are at an all-time low. On Tuesday, shares of the Chinese e-commerce giant were down more than 2.5% to trade below $82 for the first time since the company went public in September. Since hitting their all-time highs in early November, shares of the company are down more than 30%. And a report in The Wall Street Journal published on Monday certainly isn't helping the stock.
Most companies care about the price of their stock, and actually take measures to keep it down. Splitting shares or issuing new stock can keep the price low. But price is not the same as value. Shares which are trading for over $1,000 each can make it sometimes tough to even afford a handful of shares.