Alibaba Group Holding Ltd. ADR Outperforms Market Despite Losses On The Day

Dow Jones04-18

DJ Alibaba Group Holding Ltd. ADR Outperforms Market Despite Losses On The Day

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

The Alibaba Group Holding Ltd. ADR $(BABA)$ slipped 1.13% to $68.82 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.15% to 15,683.37 and Dow Jones Industrial Average falling 0.12% to 37,753.31.

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

Alibaba Group Holding Ltd. ADR closed $33.68 short of its 52-week high ($102.50), which the company reached on July 31st.

The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Beyond Inc. $(BYON)$ rose 1.32% to $23.86, Rakuten Group Inc. ADR (RKUNY) fell 0.48% to $5.24, and eBay Inc. $(EBAY)$ fell 1.59% to $49.45.

Data source: Dow Jones Market Data, FactSet. Data compiled April 17, 2024.

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

April 17, 2024 17:26 ET (21:26 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> slipped 1.13% to $68.82 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index  falling 1.15% to 15,683.37 and Dow Jones Industrial Average  falling 0.12% to 37,753.31. \n</p>\n<p>\n     This was the ADR's fourth consecutive day of losses. \n</p>\n<p>\n     Alibaba Group Holding Ltd. ADR closed $33.68 short of its 52-week high ($102.50), which the company reached on July 31st. \n</p>\n<p>\n     The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Beyond Inc. <a href=\"https://laohu8.com/S/BYON\">$(BYON)$</a> rose 1.32% to $23.86, Rakuten Group Inc. ADR (RKUNY) fell 0.48% to $5.24, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> fell 1.59% to $49.45. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. 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ADR Outperforms Market Despite Losses On The Day\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":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2428372859","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428372859","pubTimestamp":1713389160,"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 Outperforms Market Despite Losses On The Day\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     The Alibaba Group Holding Ltd. ADR $(BABA)$ slipped 1.13% to $68.82 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index  falling 1.15% to 15,683.37 and Dow Jones Industrial Average  falling 0.12% to 37,753.31. \n\n\n     This was the ADR's fourth consecutive day of losses. \n\n\n     Alibaba Group Holding Ltd. ADR closed $33.68 short of its 52-week high ($102.50), which the company reached on July 31st. \n\n\n     The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Beyond Inc. $(BYON)$ rose 1.32% to $23.86, Rakuten Group Inc. ADR (RKUNY) fell 0.48% to $5.24, and eBay Inc. $(EBAY)$ fell 1.59% to $49.45. \n\n\n     Data source: Dow Jones Market Data, FactSet. 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