Alibaba Group Holding Ltd. ADR Outperforms Competitors Despite Losses On The Day

Dow Jones

Oct 19, 2023

DJ Alibaba Group Holding Ltd. ADR Outperforms Competitors Despite Losses On The Day

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

The Alibaba Group Holding Ltd. ADR $(BABA)$ shed 1.07% to $83.01 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.62% to 13,314.30 and Dow Jones Industrial Average falling 0.98% to 33,665.08.

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

Alibaba Group Holding Ltd. ADR closed $38.29 short of 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 3.91% to $17.18, Rakuten Group Inc. ADR (RKUNY) fell 0.26% to $3.80, and eBay Inc. $(EBAY)$ fell 1.57% to $41.89.

Trading volume (9.3 M) remained 4.4 million below its 50-day average volume of 13.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 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

October 18, 2023 17:25 ET (21:25 GMT)

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

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ADR Outperforms Competitors Despite Losses On The Day\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/BABA\">$(BABA)$</a> shed 1.07% to $83.01 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index  falling 1.62% to 13,314.30 and Dow Jones Industrial Average  falling 0.98% to 33,665.08. \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 $38.29 short of 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 3.91% to $17.18, Rakuten Group Inc. ADR (RKUNY) fell 0.26% to $3.80, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> fell 1.57% to $41.89. \n</p>\n<p>\n     Trading volume (9.3 M) remained 4.4 million below its 50-day average volume of 13.7 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 2023. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 18, 2023 17:25 ET (21:25 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Group Holding Ltd. 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ADR Outperforms Competitors Despite Losses On The Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-10-19 05:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Alibaba Group Holding Ltd. ADR Outperforms Competitors Despite Losses On The Day\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     The Alibaba Group Holding Ltd. ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> shed 1.07% to $83.01 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index  falling 1.62% to 13,314.30 and Dow Jones Industrial Average  falling 0.98% to 33,665.08. \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 $38.29 short of 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 3.91% to $17.18, Rakuten Group Inc. ADR (RKUNY) fell 0.26% to $3.80, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> fell 1.57% to $41.89. \n</p>\n<p>\n     Trading volume (9.3 M) remained 4.4 million below its 50-day average volume of 13.7 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 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  October 18, 2023 17:25 ET (21:25 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":"LU0251143458.SGD","symbol_name":"Fidelity Emerging Markets A-SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2376788429","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2376788429","pubTimestamp":1697664300,"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  shed 1.07% to $83.01 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index  falling 1.62% to 13,314.30 and Dow Jones Industrial Average  falling 0.98% to 33,665.08.This was the ADR's second consecutive day of losses.Alibaba Group Holding Ltd. ADR closed $38.29 short of 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 3.91% to $17.18, Rakuten Group Inc. ADR  fell 0.26% to $3.80, and eBay Inc.  fell 1.57% to $41.89.Trading volume  remained 4.4 million below its 50-day average volume of 13.7 M.Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 2023.This content was created by MarketWatch, which is operated by Dow Jones & Co. 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ADR Outperforms Competitors Despite Losses On The Day\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n     The Alibaba Group Holding Ltd. ADR $(BABA)$ shed 1.07% to $83.01 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index  falling 1.62% to 13,314.30 and Dow Jones Industrial Average  falling 0.98% to 33,665.08. \n\n\n     This was the ADR's second consecutive day of losses. \n\n\n     Alibaba Group Holding Ltd. ADR closed $38.29 short of 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 3.91% to $17.18, Rakuten Group Inc. ADR (RKUNY) fell 0.26% to $3.80, and eBay Inc. $(EBAY)$ fell 1.57% to $41.89. \n\n\n     Trading volume (9.3 M) remained 4.4 million below its 50-day average volume of 13.7 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. Data compiled October 18, 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  October 18, 2023 17:25 ET (21:25 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"}}}