DJ Alibaba Group Holding Ltd. ADR Underperforms Wednesday When Compared To Competitors
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The Alibaba Group Holding Ltd. ADR (BABA) slid 1.71% to $133.27 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.29% to 22,807.48 and the Dow Jones Industrial Average rising 0.49% to 48,739.41.
This was the ADR's sixth consecutive day of losses.
Alibaba Group Holding Ltd. ADR closed 30.83% short of its 52-week high of $192.67, which the company achieved on October 2nd.
The ADR underperformed when compared to some of its competitors Wednesday, as Bed Bath & Beyond Inc. $(BBBY)$ rose 0.59% to $5.09, Rakuten Group Inc. ADR $(RKUNY)$ rose 3.83% to $5.15, and eBay Inc. $(EBAY)$ rose 1.56% to $91.03.
Trading volume (14.1 M) eclipsed its 50-day average volume of 11.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 4, 2026.
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(END) Dow Jones Newswires
March 04, 2026 17:23 ET (22:23 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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