DJ Alibaba Group Holding Ltd. ADR Outperforms Competitors On Strong Trading Day
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The Alibaba Group Holding Ltd. ADR $(BABA)$ advanced 1.79% to $125.16 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 0.38% to 19,142.71 and Dow Jones Industrial Average falling 0.27% to 42,677.24.
The ADR's rise snapped a three-day losing streak.
Alibaba Group Holding Ltd. ADR closed 15.68% below its 52-week high of $148.43, which the company reached on March 17th.
The ADR outperformed some of its competitors Tuesday, as Beyond Inc. $(BYON)$ fell 1.04% to $6.64, Rakuten Group Inc. ADR $(RKUNY)$ fell 0.59% to $5.54, and eBay Inc. $(EBAY)$ rose 0.22% to $72.59.
Trading volume (11.7 M) remained 11.2 million below its 50-day average volume of 22.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 20, 2025.
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(END) Dow Jones Newswires
May 20, 2025 17:24 ET (21:24 GMT)
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