DJ Alibaba Group Holding Ltd. ADR Falls Tuesday, Underperforms Market
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The Alibaba Group Holding Ltd. ADR (BABA) slid 4.89% to $135.59 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.02% to 22,516.69 and Dow Jones Industrial Average falling 0.83% to 48,501.27.
This was the ADR's fifth consecutive day of losses.
Alibaba Group Holding Ltd. ADR closed 29.63% short of its 52-week high of $192.67, which the company reached on October 2nd.
The ADR underperformed when compared to some of its competitors Tuesday, as Bed Bath & Beyond Inc. $(BBBY)$ fell 2.32% to $5.06, Rakuten Group Inc. ADR $(RKUNY)$ fell 2.36% to $4.96, and eBay Inc. $(EBAY)$ rose 0.96% to $89.63.
Trading volume (18.4 M) eclipsed its 50-day average volume of 11.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2026.
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(END) Dow Jones Newswires
March 03, 2026 17:20 ET (22:20 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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