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DJ Alibaba Group Holding Ltd. ADR Outperforms Market On Strong Trading Day

Dow Jones2022-01-12

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.

-MarketWatch Automation

$(END)$ Dow Jones Newswires

January 11, 2022 16:39 ET (21:39 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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robot1234
·2022-01-12
China has introduced several new laws last year to ensure her giant tech sector can expand and advance in an orderly manner. These include data and cybersecurity management. Going forward, can expect BABA and companies to do well.
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ShawnS
·2022-01-12
Yay!
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ADR <a href=\"https://laohu8.com/S/09988\">$(09988)$</a> 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 ($274.29), which the company reached on February 16th. \n</p>\n<p>\n  The ADR outperformed some of its competitors Tuesday, as Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> rose 2.40% to $3,307.24, eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 2.88% to $66.43, and Rakuten Group Inc. ADR  rose 0.97% to $9.98. Trading volume (23.1 M) remained 702,726 below its 50-day average volume of 23.8 M. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet. 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Data compiled Janurary 11, 2022. \n\n\n  -MarketWatch Automation \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  January 11, 2022 16:39 ET (21:39 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9002138766,"gmtCreate":1641943982378,"gmtModify":1676533663998,"author":{"id":"3561596430587504","authorId":"3561596430587504","authorIdStr":"3561596430587504","name":"robot1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1,"idStr":"3561596430587504"},"htmlText":"China has introduced several new laws last year&nbsp;to ensure her giant&nbsp;tech sector can expand and advance in an orderly manner. 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