Alibaba Group Holding Ltd. ADR Underperforms Monday When Compared To Competitors Despite Daily Gains

Dow Jones10-29 05:23

DJ Alibaba Group Holding Ltd. ADR Underperforms Monday When Compared To Competitors Despite Daily Gains

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

The Alibaba Group Holding Ltd. ADR $(BABA)$ rallied 2.58% to $99.93 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.26% to 18,567.19 and the Dow Jones Industrial Average rising 0.65% to 42,387.57.

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

Alibaba Group Holding Ltd. ADR closed $17.89 below its 52-week high ($117.82), which the company reached on October 7th.

The ADR demonstrated a mixed performance when compared to some of its competitors Monday, as Beyond Inc. $(BYON)$ rose 9.89% to $7.00, Rakuten Group Inc. ADR $(RKUNY)$ rose 2.60% to $5.91, and eBay Inc. $(EBAY)$ fell 0.17% to $62.99.

Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 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

October 28, 2024 17:23 ET (21:23 GMT)

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

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ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> rallied 2.58% to $99.93 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index  rising 0.26% to 18,567.19 and the Dow Jones Industrial Average  rising 0.65% to 42,387.57. \n</p>\n<p>\n     This was the ADR's second consecutive day of gains. \n</p>\n<p>\n     Alibaba Group Holding Ltd. ADR closed $17.89 below its 52-week high ($117.82), which the company reached on October 7th. \n</p>\n<p>\n     The ADR demonstrated a mixed performance when compared to some of its competitors Monday, as Beyond Inc. <a href=\"https://laohu8.com/S/BYON\">$(BYON)$</a> rose 9.89% to $7.00, <a href=\"https://laohu8.com/S/RKUNF\">Rakuten Group Inc.</a> ADR <a href=\"https://laohu8.com/S/RKUNY\">$(RKUNY)$</a> rose 2.60% to $5.91, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> fell 0.17% to $62.99. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. 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ADR Underperforms Monday When Compared To Competitors Despite Daily Gains\n\n\n  This article was automatically generated by MarketWatch using technology from Automated ...</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":"09988","symbol_name":"阿里巴巴-W","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2479463911","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479463911","pubTimestamp":1730150580,"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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