DJ Alibaba Group Holding Ltd. ADR Falls Thursday, Underperforms Market
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The Alibaba Group Holding Ltd. ADR (BABA) shed 3.46% to $131.70 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.89% to 24,438.50 and Dow Jones Industrial Average falling 0.36% to 49,310.32.
Alibaba Group Holding Ltd. ADR closed 31.64% short of its 52-week high of $192.67, which the company reached on October 2nd.
The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Bed Bath & Beyond Inc. $(BBBY)$ fell 7.69% to $5.52, Rakuten Group Inc. ADR $(RKUNY)$ fell 0.20% to $5.02, and eBay Inc. $(EBAY)$ fell 2.11% to $103.40.
Trading volume (10.7 M) remained 175,520 below its 50-day average volume of 10.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2026.
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(END) Dow Jones Newswires
April 23, 2026 17:19 ET (21:19 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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