Alibaba Group Holding Ltd. ADR Rises Friday, Outperforms Market

Dow Jones11-30

DJ Alibaba Group Holding Ltd. ADR Rises Friday, Outperforms Market

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

The Alibaba Group Holding Ltd. ADR $(BABA)$ inched 0.90% higher to $87.37 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.83% to 19,218.17 and the Dow Jones Industrial Average rising 0.42% to 44,910.65.

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

Alibaba Group Holding Ltd. ADR closed $30.45 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. $(BYON)$ rose 3.62% to $6.29, Rakuten Group Inc. ADR $(RKUNY)$ rose 2.19% to $5.73, and eBay Inc. $(EBAY)$ fell 1.17% to $63.29.

Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 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 29, 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> inched 0.90% higher to $87.37 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index  rising 0.83% to 19,218.17 and the Dow Jones Industrial Average  rising 0.42% to 44,910.65. \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 $30.45 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> rose 3.62% to $6.29, <a href=\"https://laohu8.com/S/RKUNF\">Rakuten Group Inc.</a> ADR <a href=\"https://laohu8.com/S/RKUNY\">$(RKUNY)$</a> rose 2.19% to $5.73, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> fell 1.17% to $63.29. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. 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