DJ Alibaba Group Holding Ltd. ADR Rises Friday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
The Alibaba Group Holding Ltd. ADR $(09988)$ rallied 2.43% to $160.05 Friday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 0.91% to 15,043.97 and Dow Jones Industrial Average falling 0.48% to 34,584.88. The ADR's rise snapped a four-day losing streak. Alibaba Group Holding Ltd. ADR closed $159.27 below its 52-week high ($319.32), which the company reached on October 27th.
The ADR outperformed some of its competitors Friday, as Amazon.com Inc. $(AMZN)$ fell 0.74% to $3,462.52, eBay Inc. $(EBAY)$ fell 0.79% to $74.11, and Rakuten Group Inc. ADR fell 1.75% to $10.10. Trading volume (25.4 M) eclipsed its 50-day average volume of 25.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 17, 2021.
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September 17, 2021 16:40 ET (20:40 GMT)
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