Alibaba Group Holding Ltd. ADR Rises Wednesday, Outperforms Market

Dow Jones

2023-08-10

DJ Alibaba Group Holding Ltd. ADR Rises Wednesday, Outperforms Market

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

The Alibaba Group Holding Ltd. ADR $(09988)$ inched 0.67% higher to $94.85 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.17% to 13,722.02 and Dow Jones Industrial Average falling 0.54% to 35,123.36.

The ADR's rise snapped a three-day losing streak.

Alibaba Group Holding Ltd. ADR closed $26.45 below its 52-week high ($121.30), which the company reached on January 26th.

The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Overstock.com Inc. (OSTK) fell 4.86% to $30.92, Rakuten Group Inc. ADR rose 1.02% to $3.97, and eBay Inc. $(EBAY)$ rose 0.34% to $43.67.

Trading volume (18.3 M) eclipsed its 50-day average volume of 18.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 9, 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

August 09, 2023 17:26 ET (21:26 GMT)

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

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ADR closed $26.45 below its 52-week high ($121.30), which the company reached 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 4.86% to $30.92, Rakuten Group Inc. ADR  rose 1.02% to $3.97, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 0.34% to $43.67. \n</p>\n<p>\n  Trading volume (18.3 M) eclipsed its 50-day average volume of 18.0 M. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet. Data compiled August 9, 2023. \n</p>\n<p>\n  This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 09, 2023 17:26 ET (21:26 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Group Holding Ltd. 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ADR Rises Wednesday, Outperforms Market\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2023-08-10 05:26</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Alibaba Group Holding Ltd. ADR Rises Wednesday, Outperforms Market\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n  The Alibaba Group Holding Ltd. ADR <a href=\"https://laohu8.com/S/09988\">$(09988)$</a> inched 0.67% higher to $94.85 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index  falling 1.17% to 13,722.02 and Dow Jones Industrial Average  falling 0.54% to 35,123.36. \n</p>\n<p>\n  The ADR's rise snapped a three-day losing streak. \n</p>\n<p>\n  Alibaba Group Holding Ltd. ADR closed $26.45 below its 52-week high ($121.30), which the company reached 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 4.86% to $30.92, Rakuten Group Inc. ADR  rose 1.02% to $3.97, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 0.34% to $43.67. \n</p>\n<p>\n  Trading volume (18.3 M) eclipsed its 50-day average volume of 18.0 M. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet. Data compiled August 9, 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  August 09, 2023 17:26 ET (21:26 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2358647037","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2358647037","pubTimestamp":1691616360,"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  inched 0.67% higher to $94.85 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index  falling 1.17% to 13,722.02 and Dow Jones Industrial Average  falling 0.54% to 35,123.36.The ADR's rise snapped a three-day losing streak.Alibaba Group Holding Ltd. ADR closed $26.45 below its 52-week high , which the company reached on January 26th.The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Overstock.com Inc.  fell 4.86% to $30.92, Rakuten Group Inc. ADR  rose 1.02% to $3.97, and eBay Inc.  rose 0.34% to $43.67.Trading volume  eclipsed its 50-day average volume of 18.0 M.Data source: Dow Jones Market Data, FactSet. Data compiled August 9, 2023.This content was created by MarketWatch, which is operated by Dow Jones & Co. 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ADR closed $26.45 below its 52-week high ($121.30), which the company reached 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 4.86% to $30.92, Rakuten Group Inc. ADR  rose 1.02% to $3.97, and eBay Inc. $(EBAY)$ rose 0.34% to $43.67. \n\n\n  Trading volume (18.3 M) eclipsed its 50-day average volume of 18.0 M. \n\n\n  Data source: Dow Jones Market Data, FactSet. Data compiled August 9, 2023. \n\n\n  This content was created by MarketWatch, which is operated by Dow Jones & Co. 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