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

Dow Jones12-03 06:22

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

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

The Alibaba Group Holding Ltd. ADR $(BABA)$ slipped 1.63% to $85.95 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.97% to 19,403.95 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.

The ADR's fall snapped a two-day winning streak.

Alibaba Group Holding Ltd. ADR closed $31.87 below its 52-week high ($117.82), which the company reached on October 7th.

The ADR underperformed when compared to some of its competitors Monday, as Beyond Inc. $(BYON)$ rose 1.27% to $6.37, Rakuten Group Inc. ADR $(RKUNY)$ fell 1.22% to $5.66, and eBay Inc. $(EBAY)$ fell 0.19% to $63.17.

Trading volume (16.5 M) remained 5.8 million below its 50-day average volume of 22.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 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

December 02, 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 1.63% to $85.95 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index  rising 0.97% to 19,403.95 and the Dow Jones Industrial Average  falling 0.29% to 44,782.00. \n</p>\n<p>\n     The ADR's fall snapped a two-day winning streak. \n</p>\n<p>\n     Alibaba Group Holding Ltd. ADR closed $31.87 below its 52-week high ($117.82), which the company reached on October 7th. \n</p>\n<p>\n     The ADR underperformed when compared to some of its competitors Monday, as Beyond Inc. <a href=\"https://laohu8.com/S/BYON\">$(BYON)$</a> rose 1.27% to $6.37, <a href=\"https://laohu8.com/S/RKUNF\">Rakuten Group Inc.</a> ADR <a href=\"https://laohu8.com/S/RKUNY\">$(RKUNY)$</a> fell 1.22% to $5.66, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> fell 0.19% to $63.17. \n</p>\n<p>\n     Trading volume (16.5 M) remained 5.8 million below its 50-day average volume of 22.3 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 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 Underperforms Monday When Compared To Competitors\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":"09988","symbol_name":"阿里巴巴-W","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2488843849","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488843849","pubTimestamp":1733178120,"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 closed $31.87 below its 52-week high ($117.82), which the company reached on October 7th. \n\n\n     The ADR underperformed when compared to some of its competitors Monday, as Beyond Inc. $(BYON)$ rose 1.27% to $6.37, Rakuten Group Inc. ADR $(RKUNY)$ fell 1.22% to $5.66, and eBay Inc. $(EBAY)$ fell 0.19% to $63.17. \n\n\n     Trading volume (16.5 M) remained 5.8 million below its 50-day average volume of 22.3 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024. \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. 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