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 2.14% to $99.64 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.21% to 25,955.34 and Dow Jones Industrial Average falling 1.23% to 52,215.16.
This was the ADR's third consecutive day of losses.
Alibaba Group Holding Ltd. ADR closed 45.40% short of its 52-week high of $182.50, which the company reached on October 29th.
The ADR underperformed when compared to some of its competitors Friday, as Neighborhood Intelligence Inc. $(NXH)$ rose 10.81% to $1.64, Rakuten Group Inc. ADR $(RKUNY)$ rose 0.50% to $4.02, and eBay Inc. $(EBAY)$ fell 0.52% to $121.41.
Trading volume (9.0 M) remained 1.2 million below its 50-day average volume of 10.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 23, 2026.
Comments