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Alibaba Group Holding Ltd. ADR Underperforms Thursday When Compared To Competitors

Dow Jones12-20 06:29

DJ Alibaba Group Holding Ltd. ADR Underperforms Thursday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Alibaba Group Holding Ltd. ADR $(BABA)$ slipped 0.81% to $84.31 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.04% to 42,342.24 and the NASDAQ Composite Index falling 0.10% to 19,372.77.

This was the ADR's second consecutive day of losses.

Alibaba Group Holding Ltd. ADR closed $33.51 below its 52-week high ($117.82), which the company achieved on October 7th.

The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Beyond Inc. $(BYON)$ rose 1.17% to $5.18, Rakuten Group Inc. ADR $(RKUNY)$ fell 6.53% to $5.87, and eBay Inc. $(EBAY)$ fell 0.25% to $63.95.

Trading volume (13.4 M) remained 2.2 million below its 50-day average volume of 15.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

December 19, 2024 17:29 ET (22:29 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> slipped 0.81% to $84.31 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.04% to 42,342.24 and the NASDAQ Composite Index  falling 0.10% to 19,372.77. \n</p>\n<p>\n     This was the ADR's second consecutive day of losses. \n</p>\n<p>\n     Alibaba Group Holding Ltd. 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