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

Dow Jones12-19

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

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

The Alibaba Group Holding Ltd. ADR $(BABA)$ shed 2.47% to $85.00 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 3.56% to 19,392.69 and Dow Jones Industrial Average falling 2.58% to 42,326.87.

Alibaba Group Holding Ltd. ADR closed $32.82 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 Wednesday, as Beyond Inc. $(BYON)$ rose 2.81% to $5.12, Rakuten Group Inc. ADR $(RKUNY)$ fell 2.94% to $6.28, and eBay Inc. $(EBAY)$ fell 0.19% to $64.11.

Trading volume (11.2 M) remained 5.2 million below its 50-day average volume of 16.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 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 18, 2024 17:21 ET (22:21 GMT)

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

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ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> shed 2.47% to $85.00 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index  falling 3.56% to 19,392.69 and Dow Jones Industrial Average  falling 2.58% to 42,326.87. \n</p>\n<p>\n     Alibaba Group Holding Ltd. 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ADR Falls Wednesday, Still Outperforms Market\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     The Alibaba ...</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":"2492616837","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492616837","pubTimestamp":1734560460,"columns":[],"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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