Alibaba Group Holding Ltd. ADR Outperforms Competitors Despite Losses On The Day

Dow Jones02-06

DJ Alibaba Group Holding Ltd. ADR Outperforms Competitors Despite Losses On The Day

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

The Alibaba Group Holding Ltd. ADR $(BABA)$ shed 3.00% to $99.28 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.19% to 19,692.33 and the Dow Jones Industrial Average rising 0.71% to 44,873.28.

Alibaba Group Holding Ltd. ADR closed 15.74% below its 52-week high of $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. $(BYON)$ fell 4.75% to $9.22, Rakuten Group Inc. ADR $(RKUNY)$ rose 1.03% to $6.36, and eBay Inc. $(EBAY)$ rose 0.66% to $67.39.

Trading volume (17.0 M) eclipsed its 50-day average volume of 17.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 5, 2025.

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

February 05, 2025 17:24 ET (22:24 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> shed 3.00% to $99.28 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index  rising 0.19% to 19,692.33 and the Dow Jones Industrial Average  rising 0.71% to 44,873.28. \n</p>\n<p>\n     Alibaba Group Holding Ltd. ADR closed 15.74% below its 52-week high of $117.82, which the company reached on October 7th. \n</p>\n<p>\n     The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Beyond Inc. <a href=\"https://laohu8.com/S/BYON\">$(BYON)$</a> fell 4.75% to $9.22, <a href=\"https://laohu8.com/S/RKUNF\">Rakuten Group Inc.</a> ADR <a href=\"https://laohu8.com/S/RKUNY\">$(RKUNY)$</a> rose 1.03% to $6.36, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 0.66% to $67.39. \n</p>\n<p>\n     Trading volume (17.0 M) eclipsed its 50-day average volume of 17.0 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled February 5, 2025. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. 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ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> shed 3.00% to $99.28 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index  rising 0.19% to 19,692.33 and the Dow Jones Industrial Average  rising 0.71% to 44,873.28. \n</p>\n<p>\n     Alibaba Group Holding Ltd. ADR closed 15.74% below its 52-week high of $117.82, which the company reached on October 7th. \n</p>\n<p>\n     The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Beyond Inc. <a href=\"https://laohu8.com/S/BYON\">$(BYON)$</a> fell 4.75% to $9.22, <a href=\"https://laohu8.com/S/RKUNF\">Rakuten Group Inc.</a> ADR <a href=\"https://laohu8.com/S/RKUNY\">$(RKUNY)$</a> rose 1.03% to $6.36, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 0.66% to $67.39. \n</p>\n<p>\n     Trading volume (17.0 M) eclipsed its 50-day average volume of 17.0 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled February 5, 2025. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. 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ADR closed 15.74% below its 52-week high of $117.82, which the company reached on October 7th. \n\n\n     The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Beyond Inc. $(BYON)$ fell 4.75% to $9.22, Rakuten Group Inc. ADR $(RKUNY)$ rose 1.03% to $6.36, and eBay Inc. $(EBAY)$ rose 0.66% to $67.39. \n\n\n     Trading volume (17.0 M) eclipsed its 50-day average volume of 17.0 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. Data compiled February 5, 2025. \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. 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