Alibaba Group Holding Ltd. ADR Underperforms Monday When Compared To Competitors Despite Daily Gains

Dow Jones

Aug 29, 2023

DJ Alibaba Group Holding Ltd. ADR Underperforms Monday When Compared To Competitors Despite Daily Gains

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

The Alibaba Group Holding Ltd. ADR $(09988)$ rallied 2.69% to $92.24 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.84% to 13,705.13 and the Dow Jones Industrial Average rising 0.62% to 34,559.98.

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

Alibaba Group Holding Ltd. ADR closed $29.06 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 Monday, as Overstock.com Inc. (OSTK) rose 2.71% to $25.40, Rakuten Group Inc. ADR rose 0.40% to $3.81, and eBay Inc. $(EBAY)$ rose 0.64% to $43.87.

Trading volume (14.5 M) remained 4.1 million below its 50-day average volume of 18.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 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 28, 2023 17:27 ET (21:27 GMT)

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ADR Underperforms Monday When Compared To Competitors Despite Daily Gains","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Alibaba Group Holding Ltd. ADR Underperforms Monday When Compared To Competitors Despite Daily Gains\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> rallied 2.69% to $92.24 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index  rising 0.84% to 13,705.13 and the Dow Jones Industrial Average  rising 0.62% to 34,559.98. \n</p>\n<p>\n  This was the ADR's second consecutive day of gains. \n</p>\n<p>\n  Alibaba Group Holding Ltd. ADR closed $29.06 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 Monday, as <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc. (OSTK) rose 2.71% to $25.40, Rakuten Group Inc. ADR  rose 0.40% to $3.81, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 0.64% to $43.87. \n</p>\n<p>\n  Trading volume (14.5 M) remained 4.1 million below its 50-day average volume of 18.6 M. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 2023. \n</p>\n<p>\n  This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 28, 2023 17:27 ET (21:27 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Group Holding Ltd. 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ADR Underperforms Monday When Compared To Competitors Despite Daily Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-08-29 05:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Alibaba Group Holding Ltd. ADR Underperforms Monday When Compared To Competitors Despite Daily Gains\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n  The Alibaba Group Holding Ltd. ADR <a href=\"https://laohu8.com/S/09988\">$(09988)$</a> rallied 2.69% to $92.24 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index  rising 0.84% to 13,705.13 and the Dow Jones Industrial Average  rising 0.62% to 34,559.98. \n</p>\n<p>\n  This was the ADR's second consecutive day of gains. \n</p>\n<p>\n  Alibaba Group Holding Ltd. ADR closed $29.06 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 Monday, as <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc. (OSTK) rose 2.71% to $25.40, Rakuten Group Inc. ADR  rose 0.40% to $3.81, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 0.64% to $43.87. \n</p>\n<p>\n  Trading volume (14.5 M) remained 4.1 million below its 50-day average volume of 18.6 M. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 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 28, 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":"89988","symbol_name":"阿里巴巴-WR","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2363104576","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2363104576","pubTimestamp":1693258020,"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  rallied 2.69% to $92.24 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index  rising 0.84% to 13,705.13 and the Dow Jones Industrial Average  rising 0.62% to 34,559.98.This was the ADR's second consecutive day of gains.Alibaba Group Holding Ltd. ADR closed $29.06 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 Monday, as Overstock.com Inc.  rose 2.71% to $25.40, Rakuten Group Inc. ADR  rose 0.40% to $3.81, and eBay Inc.  rose 0.64% to $43.87.Trading volume  remained 4.1 million below its 50-day average volume of 18.6 M.Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 2023.This content was created by MarketWatch, which is operated by Dow Jones & Co. 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ADR Underperforms Monday When Compared To Competitors Despite Daily Gains\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n  The Alibaba Group Holding Ltd. ADR $(09988)$ rallied 2.69% to $92.24 Monday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index  rising 0.84% to 13,705.13 and the Dow Jones Industrial Average  rising 0.62% to 34,559.98. \n\n\n  This was the ADR's second consecutive day of gains. \n\n\n  Alibaba Group Holding Ltd. ADR closed $29.06 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 Monday, as Overstock.com Inc. (OSTK) rose 2.71% to $25.40, Rakuten Group Inc. ADR  rose 0.40% to $3.81, and eBay Inc. $(EBAY)$ rose 0.64% to $43.87. \n\n\n  Trading volume (14.5 M) remained 4.1 million below its 50-day average volume of 18.6 M. \n\n\n  Data source: Dow Jones Market Data, FactSet. Data compiled August 28, 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  August 28, 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"}}}