Alibaba Group Holding Ltd. ADR Outperforms Competitors On Strong Trading Day

Dow Jones05-16

DJ Alibaba Group Holding Ltd. ADR Outperforms Competitors On Strong Trading Day

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

The Alibaba Group Holding Ltd. ADR $(BABA)$ rallied 1.86% to $80.99 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.40% to 16,742.39 and the Dow Jones Industrial Average rising 0.88% to 39,908.00.

Alibaba Group Holding Ltd. ADR closed $21.51 short of its 52-week high ($102.50), which the company achieved on July 31st.

The ADR outperformed some of its competitors Wednesday, as Beyond Inc. $(BYON)$ fell 2.57% to $19.30, Rakuten Group Inc. ADR (RKUNY) fell 2.72% to $5.07, and eBay Inc. $(EBAY)$ rose 0.61% to $52.42.

Trading volume (17.7 M) eclipsed its 50-day average volume of 15.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 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

May 15, 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> rallied 1.86% to $80.99 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index  rising 1.40% to 16,742.39 and the Dow Jones Industrial Average  rising 0.88% to 39,908.00. \n</p>\n<p>\n     Alibaba Group Holding Ltd. ADR closed $21.51 short of its 52-week high ($102.50), which the company achieved on July 31st. \n</p>\n<p>\n     The ADR outperformed some of its competitors Wednesday, as Beyond Inc. <a href=\"https://laohu8.com/S/BYON\">$(BYON)$</a> fell 2.57% to $19.30, Rakuten Group Inc. ADR (RKUNY) fell 2.72% to $5.07, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 0.61% to $52.42. \n</p>\n<p>\n     Trading volume (17.7 M) eclipsed its 50-day average volume of 15.1 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. 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ADR Outperforms Competitors On Strong Trading Day\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     The ...</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":"RKUNY","symbol_name":"Rakuten Group Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2435369879","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2435369879","pubTimestamp":1715808360,"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 Competitors On Strong Trading 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 $(BABA)$ rallied 1.86% to $80.99 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index  rising 1.40% to 16,742.39 and the Dow Jones Industrial Average  rising 0.88% to 39,908.00. \n\n\n     Alibaba Group Holding Ltd. ADR closed $21.51 short of its 52-week high ($102.50), which the company achieved on July 31st. \n\n\n     The ADR outperformed some of its competitors Wednesday, as Beyond Inc. $(BYON)$ fell 2.57% to $19.30, Rakuten Group Inc. ADR (RKUNY) fell 2.72% to $5.07, and eBay Inc. $(EBAY)$ rose 0.61% to $52.42. \n\n\n     Trading volume (17.7 M) eclipsed its 50-day average volume of 15.1 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. 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