Alibaba Group Holding Ltd. ADR Falls Friday, Still Outperforms Market

Dow Jones11-16 06:22

DJ Alibaba Group Holding Ltd. ADR Falls Friday, Still Outperforms Market

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

The Alibaba Group Holding Ltd. ADR $(BABA)$ slipped 2.20% to $88.59 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 2.24% to 18,680.12 and Dow Jones Industrial Average falling 0.70% to 43,444.99.

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

Alibaba Group Holding Ltd. ADR closed $29.23 short of 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 Friday, as Beyond Inc. $(BYON)$ fell 1.46% to $6.09, Rakuten Group Inc. ADR $(RKUNY)$ fell 4.67% to $5.72, and eBay Inc. $(EBAY)$ fell 1.40% to $61.43.

Trading volume (29.9 M) eclipsed its 50-day average volume of 21.3 M.

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

November 15, 2024 17:22 ET (22:22 GMT)

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

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ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> slipped 2.20% to $88.59 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index  falling 2.24% to 18,680.12 and Dow Jones Industrial Average  falling 0.70% to 43,444.99. \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 $29.23 short of its 52-week high ($117.82), which the company reached on October 7th. \n</p>\n<p>\n     The ADR demonstrated a mixed performance when compared to some of its competitors Friday, as Beyond Inc. <a href=\"https://laohu8.com/S/BYON\">$(BYON)$</a> fell 1.46% to $6.09, <a href=\"https://laohu8.com/S/RKUNF\">Rakuten Group Inc.</a> ADR <a href=\"https://laohu8.com/S/RKUNY\">$(RKUNY)$</a> fell 4.67% to $5.72, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> fell 1.40% to $61.43. \n</p>\n<p>\n     Trading volume (29.9 M) eclipsed its 50-day average volume of 21.3 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. 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ADR Falls Friday, Still Outperforms 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":"BABA","symbol_name":"阿里巴巴","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2483392405","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483392405","pubTimestamp":1731709320,"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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