DJ Alibaba Group Holding Ltd. ADR Outperforms Market On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
The Alibaba Group Holding Ltd. ADR $(09988)$ advanced 3.03% to $132.19 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.41% to 15,153.45 and the Dow Jones Industrial Average rising 0.51% to 36,252.02. Alibaba Group Holding Ltd. ADR closed $142.10 below its 52-week high ($274.29), which the company reached on February 16th.
The ADR outperformed some of its competitors Tuesday, as Amazon.com Inc. $(AMZN)$ rose 2.40% to $3,307.24, eBay Inc. $(EBAY)$ rose 2.88% to $66.43, and Rakuten Group Inc. ADR rose 0.97% to $9.98. Trading volume (23.1 M) remained 702,726 below its 50-day average volume of 23.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2022.
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January 11, 2022 16:39 ET (21:39 GMT)
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