DJ Alibaba Group Holding Ltd. ADR Rises Thursday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
The Alibaba Group Holding Ltd. ADR $(09988)$ advanced 4.51% to $126.63 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.13% to 15,080.86 and Dow Jones Industrial Average falling 0.47% to 36,236.47. This was the ADR's second consecutive day of gains. Alibaba Group Holding Ltd. ADR closed $147.66 below its 52-week high ($274.29), which the company achieved on February 16th.
The ADR outperformed some of its competitors Thursday, as Amazon.com Inc. $(AMZN)$ fell 0.67% to $3,265.08, eBay Inc. $(EBAY)$ rose 3.60% to $66.81, and Rakuten Group Inc. ADR rose 0.44% to $10.24. Trading volume (31.1 M) eclipsed its 50-day average volume of 22.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2022.
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January 06, 2022 16:39 ET (21:39 GMT)
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