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

Dow Jones

Oct 25, 2023

DJ Alibaba Group Holding Ltd. ADR Underperforms Tuesday 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 $(BABA)$ rose 2.93% to $82.87 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.93% to 13,139.87 and the Dow Jones Industrial Average rising 0.62% to 33,141.38.

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

Alibaba Group Holding Ltd. ADR closed $38.43 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 Tuesday, as Overstock.com Inc. (OSTK) rose 4.18% to $15.95, Rakuten Group Inc. ADR (RKUNY) fell 2.57% to $3.79, and eBay Inc. $(EBAY)$ rose 2.04% to $40.99.

Trading volume (17.3 M) eclipsed its 50-day average volume of 12.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 24, 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 24, 2023 17:26 ET (21:26 GMT)

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ADR Underperforms Tuesday 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 Tuesday 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/BABA\">$(BABA)$</a> rose 2.93% to $82.87 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index  rising 0.93% to 13,139.87 and the Dow Jones Industrial Average  rising 0.62% to 33,141.38. \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 $38.43 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 Tuesday, as <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc. (OSTK) rose 4.18% to $15.95, Rakuten Group Inc. ADR (RKUNY) fell 2.57% to $3.79, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 2.04% to $40.99. \n</p>\n<p>\n     Trading volume (17.3 M) eclipsed its 50-day average volume of 12.4 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled October 24, 2023. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 24, 2023 17:26 ET (21:26 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Group Holding Ltd. 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ADR Underperforms Tuesday When Compared To Competitors Despite Daily Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-10-25 05:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nDJ Alibaba Group Holding Ltd. ADR Underperforms Tuesday When Compared To Competitors Despite Daily Gains\n</p>\n<p>\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n</p>\n<p>\n     The Alibaba Group Holding Ltd. ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> rose 2.93% to $82.87 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index  rising 0.93% to 13,139.87 and the Dow Jones Industrial Average  rising 0.62% to 33,141.38. \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 $38.43 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 Tuesday, as <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc. (OSTK) rose 4.18% to $15.95, Rakuten Group Inc. ADR (RKUNY) fell 2.57% to $3.79, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 2.04% to $40.99. \n</p>\n<p>\n     Trading volume (17.3 M) eclipsed its 50-day average volume of 12.4 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled October 24, 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 24, 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\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BMPRXR70.SGD","symbol_name":"Neuberger Berman 5G Connectivity A Acc SGD-H","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2378945055","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2378945055","pubTimestamp":1698182760,"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  rose 2.93% to $82.87 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index  rising 0.93% to 13,139.87 and the Dow Jones Industrial Average  rising 0.62% to 33,141.38.This was the ADR's second consecutive day of gains.Alibaba Group Holding Ltd. ADR closed $38.43 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 Tuesday, as Overstock.com Inc.  rose 4.18% to $15.95, Rakuten Group Inc. ADR  fell 2.57% to $3.79, and eBay Inc.  rose 2.04% to $40.99.Trading volume  eclipsed its 50-day average volume of 12.4 M.Data source: Dow Jones Market Data, FactSet. Data compiled October 24, 2023.This content was created by MarketWatch, which is operated by Dow Jones & Co. 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ADR Underperforms Tuesday 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 $(BABA)$ rose 2.93% to $82.87 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index  rising 0.93% to 13,139.87 and the Dow Jones Industrial Average  rising 0.62% to 33,141.38. \n\n\n     This was the ADR's second consecutive day of gains. \n\n\n     Alibaba Group Holding Ltd. ADR closed $38.43 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 Tuesday, as Overstock.com Inc. (OSTK) rose 4.18% to $15.95, Rakuten Group Inc. ADR (RKUNY) fell 2.57% to $3.79, and eBay Inc. $(EBAY)$ rose 2.04% to $40.99. \n\n\n     Trading volume (17.3 M) eclipsed its 50-day average volume of 12.4 M. \n\n\n     Data source: Dow Jones Market Data, FactSet. Data compiled October 24, 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 24, 2023 17:26 ET (21:26 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"}}}