DJ Alibaba Group Holding Ltd. ADR Underperforms Friday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
The Alibaba Group Holding Ltd. ADR (BABA) slipped 8.57% to $119.34 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.43% to 26,180.45 and the Dow Jones Industrial Average rising 0.98% to 53,277.01.
The ADR's fall snapped a five-day winning streak.
Alibaba Group Holding Ltd. ADR closed 38.06% 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 Friday, as Neighborhood Intelligence Inc. $(NXH)$ fell 0.48% to $4.15, Rakuten Group Inc. ADR $(RKUNY)$ rose 0.30% to $4.96, and eBay Inc. $(EBAY)$ fell 0.46% to $104.13.
Trading volume (32.4 M) eclipsed its 50-day average volume of 12.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 21, 2026.
Comments