DJ Alibaba Group Holding Ltd. ADR Falls Friday, Underperforms Market
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The Alibaba Group Holding Ltd. ADR (BABA) slid 2.95% to $117.07 Friday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 2.24% to 20,650.13 and Dow Jones Industrial Average falling 1.23% to 43,588.58.
Alibaba Group Holding Ltd. ADR closed 21.13% below its 52-week high of $148.43, which the company reached on March 17th.
The ADR demonstrated a mixed performance when compared to some of its competitors Friday, as Beyond Inc. $(BYON)$ fell 8.83% to $8.16, Rakuten Group Inc. ADR $(RKUNY)$ rose 2.86% to $5.22, and eBay Inc. $(EBAY)$ fell 0.01% to $91.74.
Trading volume (12.2 M) remained 976,915 below its 50-day average volume of 13.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 1, 2025.
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(END) Dow Jones Newswires
August 01, 2025 17:21 ET (21:21 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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