Alibaba Group Holding Ltd. ADR Rises Thursday, Still Underperforms Market

Dow Jones2023-11-03

DJ Alibaba Group Holding Ltd. ADR Rises Thursday, Still Underperforms Market

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

The Alibaba Group Holding Ltd. ADR $(BABA)$ advanced 1.13% to $83.41 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.78% to 13,294.19 and the Dow Jones Industrial Average rising 1.70% to 33,839.08.

The ADR's rise snapped a two-day losing streak.

Alibaba Group Holding Ltd. ADR closed $37.89 below its 52-week high ($121.30), which the company achieved on January 26th.

The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Overstock.com Inc. (OSTK) rose 4.26% to $15.91, Rakuten Group Inc. ADR (RKUNY) rose 1.24% to $3.67, and eBay Inc. $(EBAY)$ rose 0.72% to $38.99.

Data source: Dow Jones Market Data, FactSet. Data compiled November 2, 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 02, 2023 17:27 ET (21:27 GMT)

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

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ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> advanced 1.13% to $83.41 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index  rising 1.78% to 13,294.19 and the Dow Jones Industrial Average  rising 1.70% to 33,839.08. \n</p>\n<p>\n     The ADR's rise snapped a two-day losing streak. \n</p>\n<p>\n     Alibaba Group Holding Ltd. ADR closed $37.89 below its 52-week high ($121.30), which the company achieved on January 26th. \n</p>\n<p>\n     The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc. (OSTK) rose 4.26% to $15.91, Rakuten Group Inc. ADR (RKUNY) rose 1.24% to $3.67, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 0.72% to $38.99. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. 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ADR Rises Thursday, Still Underperforms Market\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     The Alibaba ...</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":"BK1588","symbol_name":"回港中概股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2380923179","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2380923179","pubTimestamp":1698960420,"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. 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ADR Rises Thursday, Still 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 $(BABA)$ advanced 1.13% to $83.41 Thursday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index  rising 1.78% to 13,294.19 and the Dow Jones Industrial Average  rising 1.70% to 33,839.08. \n\n\n     The ADR's rise snapped a two-day losing streak. \n\n\n     Alibaba Group Holding Ltd. ADR closed $37.89 below its 52-week high ($121.30), which the company achieved on January 26th. \n\n\n     The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Overstock.com Inc. (OSTK) rose 4.26% to $15.91, Rakuten Group Inc. ADR (RKUNY) rose 1.24% to $3.67, and eBay Inc. $(EBAY)$ rose 0.72% to $38.99. \n\n\n     Data source: Dow Jones Market Data, FactSet. 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