Alibaba Group Holding Ltd. ADR Falls Wednesday, Underperforms Market

Dow Jones2023-11-02

DJ Alibaba Group Holding Ltd. ADR Falls Wednesday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Alibaba Group Holding Ltd. ADR $(BABA)$ slumped 0.07% to $82.48 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.64% to 13,061.47 and the Dow Jones Industrial Average rising 0.67% to 33,274.58.

This was the ADR's second consecutive day of losses.

Alibaba Group Holding Ltd. ADR closed $38.82 short of its 52-week high ($121.30), which the company achieved on January 26th.

Despite its losses, the ADR outperformed some of its competitors Wednesday, as Overstock.com Inc. (OSTK) fell 2.18% to $15.26, Rakuten Group Inc. ADR (RKUNY) fell 1.23% to $3.63, and eBay Inc. $(EBAY)$ fell 1.33% to $38.71.

Trading volume (8.9 M) remained 2.8 million below its 50-day average volume of 11.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 01, 2023 17:26 ET (21:26 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2380162735?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-11-02 05:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2380162735","market":"us","top_or_hot":-1,"title":"Alibaba Group Holding Ltd. ADR Falls Wednesday, Underperforms Market","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Alibaba Group Holding Ltd. ADR Falls Wednesday, Underperforms Market\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     The Alibaba Group Holding Ltd. ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> slumped 0.07% to $82.48 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index  rising 1.64% to 13,061.47 and the Dow Jones Industrial Average  rising 0.67% to 33,274.58. \n</p>\n<p>\n     This was the ADR's second consecutive day of losses. \n</p>\n<p>\n     Alibaba Group Holding Ltd. ADR closed $38.82 short of its 52-week high ($121.30), which the company achieved on January 26th. \n</p>\n<p>\n     Despite its losses, the ADR outperformed some of its competitors Wednesday, as <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc. (OSTK) fell 2.18% to $15.26, Rakuten Group Inc. ADR (RKUNY) fell 1.23% to $3.63, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> fell 1.33% to $38.71. \n</p>\n<p>\n     Trading volume (8.9 M) remained 2.8 million below its 50-day average volume of 11.8 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2023. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 01, 2023 17:26 ET (21:26 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Group Holding Ltd. ADR Falls Wednesday, Underperforms Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Group Holding Ltd. ADR Falls Wednesday, Underperforms Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-02 05:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DJ Alibaba Group Holding Ltd. ADR Falls Wednesday, Underperforms Market\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     The Alibaba Group ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0348735423.USD","symbol_name":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2380162735","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2380162735","pubTimestamp":1698873960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.The Alibaba Group Holding Ltd. ADR  slumped 0.07% to $82.48 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index  rising 1.64% to 13,061.47 and the Dow Jones Industrial Average  rising 0.67% to 33,274.58.This was the ADR's second consecutive day of losses.Alibaba Group Holding Ltd. ADR closed $38.82 short of its 52-week high , which the company achieved on January 26th.Despite its losses, the ADR outperformed some of its competitors Wednesday, as Overstock.com Inc.  fell 2.18% to $15.26, Rakuten Group Inc. ADR  fell 1.23% to $3.63, and eBay Inc.  fell 1.33% to $38.71.Trading volume  remained 2.8 million below its 50-day average volume of 11.8 M.Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2023.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published in","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"89988":"阿里巴巴-WR","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU0228659784.USD":"施罗德金砖四国基金","BK4558":"双十一","BK1588":"回港中概股","LU0320764243.SGD":"FTIF - Templeton Emerging Markets A Acc SGD","BK4220":"综合零售","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","BK4535":"淡马锡持仓","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","BK4538":"云计算","EBAY":"eBay","LU0348825331.USD":"ALLIANZ CHINA EQUITY \"A\" (USD) INC","09988":"阿里巴巴-W","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","RKUNY":"Rakuten Group Inc.","LU0348788117.USD":"ALLIANZ EMERGING ASIA EQUITY \"A\" (USD) INC","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","BK1521":"挪威政府全球养老基金持仓","LU0054450605.USD":"HSBC GIF GLOBAL EMERGING MARKTS EQ \"AD\" INC","LU0370786039.SGD":"Fidelity Greater China A-SGD","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU1688375341.USD":"贝莱德中国灵活股票基金","BABA":"阿里巴巴","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","IE00B3M56506.USD":"NEUBERGER BERMAN EMERGING MARKETS EQUITY \"A\" (USD) ACC","LU0417516571.SGD":"Allianz Oriental Income Cl AT Acc SGD","LU0251144936.SGD":"Fidelity Sustainable Asia Equity A-SGD","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","BK1591":"就地过年概念","LU0043850808.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AD\" INC","BK4548":"巴美列捷福持仓","BYON":"BEYOND","BK4565":"NFT概念","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0173614495.USD":"富达中国焦点A","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","BK4554":"元宇宙及AR概念","BK1608":"元宇宙概念","BK4178":"家庭装饰零售","LU0214875030.USD":"HSBC GIF BRIC EQUITY \"M2C\" (USD) ACC","BK4531":"中概回港概念","BK4534":"瑞士信贷持仓","LU0320764755.SGD":"FTIF - Templeton Asian Growth A Acc SGD","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)"},"translate_title":"阿里巴巴-SW集团控股有限公司美国存托凭证周三下跌，表现逊于市场","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"89988":0.6,"RKUNY":1,"OSTK":1,"EBAY":1,"BYON":1,"BABA":0.9,"09988":0.9},"content_text":"DJ Alibaba Group Holding Ltd. ADR Falls Wednesday, Underperforms Market\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     The Alibaba Group Holding Ltd. ADR $(BABA)$ slumped 0.07% to $82.48 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index  rising 1.64% to 13,061.47 and the Dow Jones Industrial Average  rising 0.67% to 33,274.58. \n\n\n     This was the ADR's second consecutive day of losses. \n\n\n     Alibaba Group Holding Ltd. ADR closed $38.82 short of its 52-week high ($121.30), which the company achieved on January 26th. \n\n\n     Despite its losses, the ADR outperformed some of its competitors Wednesday, as Overstock.com Inc. (OSTK) fell 2.18% to $15.26, Rakuten Group Inc. ADR (RKUNY) fell 1.23% to $3.63, and eBay Inc. $(EBAY)$ fell 1.33% to $38.71. \n\n\n     Trading volume (8.9 M) remained 2.8 million below its 50-day average volume of 11.8 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. Data compiled November 1, 2023. \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 01, 2023 17:26 ET (21:26 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2380162735"}