Alibaba Group Holding Ltd. ADR Falls Wednesday, Still Outperforms Market

Dow Jones

2023/09/07

DJ Alibaba Group Holding Ltd. ADR Falls Wednesday, Still Outperforms Market

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

The Alibaba Group Holding Ltd. ADR $(09988)$ sank 0.21% to $94.45 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.06% to 13,872.47 and Dow Jones Industrial Average falling 0.57% to 34,443.19.

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

Alibaba Group Holding Ltd. ADR closed $26.85 below its 52-week high ($121.30), which the company achieved on January 26th.

The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Overstock.com Inc. (OSTK) fell 23.48% to $20.99, Rakuten Group Inc. ADR rose 3.63% to $4.00, and eBay Inc. $(EBAY)$ fell 0.38% to $44.12.

Trading volume (9.8 M) remained 8.5 million below its 50-day average volume of 18.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2023.

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

September 06, 2023 17:27 ET (21:27 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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ADR Falls Wednesday, Still Outperforms Market","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Alibaba Group Holding Ltd. ADR Falls Wednesday, Still Outperforms Market\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n  The Alibaba Group Holding Ltd. ADR <a href=\"https://laohu8.com/S/09988\">$(09988)$</a> sank 0.21% to $94.45 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index  falling 1.06% to 13,872.47 and Dow Jones Industrial Average  falling 0.57% to 34,443.19. \n</p>\n<p>\n  This was the ADR's second consecutive day of losses. \n</p>\n<p>\n  Alibaba Group Holding Ltd. ADR closed $26.85 below its 52-week high ($121.30), which the company achieved on January 26th. \n</p>\n<p>\n  The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc. (OSTK) fell 23.48% to $20.99, Rakuten Group Inc. ADR  rose 3.63% to $4.00, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> fell 0.38% to $44.12. \n</p>\n<p>\n  Trading volume (9.8 M) remained 8.5 million below its 50-day average volume of 18.3 M. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2023. \n</p>\n<p>\n  This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 06, 2023 17:27 ET (21:27 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Group Holding Ltd. 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ADR Falls Wednesday, Still Outperforms Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-09-07 05:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Alibaba Group Holding Ltd. ADR Falls Wednesday, Still Outperforms Market\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n  The Alibaba Group Holding Ltd. ADR <a href=\"https://laohu8.com/S/09988\">$(09988)$</a> sank 0.21% to $94.45 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index  falling 1.06% to 13,872.47 and Dow Jones Industrial Average  falling 0.57% to 34,443.19. \n</p>\n<p>\n  This was the ADR's second consecutive day of losses. \n</p>\n<p>\n  Alibaba Group Holding Ltd. ADR closed $26.85 below its 52-week high ($121.30), which the company achieved on January 26th. \n</p>\n<p>\n  The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc. (OSTK) fell 23.48% to $20.99, Rakuten Group Inc. ADR  rose 3.63% to $4.00, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> fell 0.38% to $44.12. \n</p>\n<p>\n  Trading volume (9.8 M) remained 8.5 million below its 50-day average volume of 18.3 M. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2023. \n</p>\n<p>\n  This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 06, 2023 17:27 ET (21:27 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1623119135.USD","symbol_name":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2365077070","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2365077070","pubTimestamp":1694035620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.The Alibaba Group Holding Ltd. ADR  sank 0.21% to $94.45 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index  falling 1.06% to 13,872.47 and Dow Jones Industrial Average  falling 0.57% to 34,443.19.This was the ADR's second consecutive day of losses.Alibaba Group Holding Ltd. ADR closed $26.85 below its 52-week high , which the company achieved on January 26th.The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Overstock.com Inc.  fell 23.48% to $20.99, Rakuten Group Inc. ADR  rose 3.63% to $4.00, and eBay Inc.  fell 0.38% to $44.12.Trading volume  remained 8.5 million below its 50-day average volume of 18.3 M.Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2023.This content was created by MarketWatch, which is operated by Dow Jones & Co. 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ADR Falls Wednesday, Still Outperforms Market\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n  The Alibaba Group Holding Ltd. ADR $(09988)$ sank 0.21% to $94.45 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index  falling 1.06% to 13,872.47 and Dow Jones Industrial Average  falling 0.57% to 34,443.19. \n\n\n  This was the ADR's second consecutive day of losses. \n\n\n  Alibaba Group Holding Ltd. ADR closed $26.85 below its 52-week high ($121.30), which the company achieved on January 26th. \n\n\n  The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Overstock.com Inc. (OSTK) fell 23.48% to $20.99, Rakuten Group Inc. ADR  rose 3.63% to $4.00, and eBay Inc. $(EBAY)$ fell 0.38% to $44.12. \n\n\n  Trading volume (9.8 M) remained 8.5 million below its 50-day average volume of 18.3 M. \n\n\n  Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2023. \n\n\n  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. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 06, 2023 17:27 ET (21:27 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","kind":"highlight","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":0,"need_auth":true,"code":"91000000","status":"200"}}}