DJ Alibaba Group Holding Ltd. ADR Underperforms Tuesday When Compared To Competitors
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The Alibaba Group Holding Ltd. ADR (BABA) slid 1.40% to $110.97 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.64% to 51,999.67 and the NASDAQ Composite Index falling 1.15% to 26,376.34.
This was the ADR's second consecutive day of losses.
Alibaba Group Holding Ltd. ADR closed 42.40% 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 1.31% to $6.02, Rakuten Group Inc. ADR $(RKUNY)$ rose 0.42% to $4.73, and eBay Inc. $(EBAY)$ rose 0.13% to $109.32.
Trading volume (13.9 M) eclipsed its 50-day average volume of 11.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 16, 2026.
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(END) Dow Jones Newswires
June 16, 2026 17:18 ET (21:18 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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