DJ Alibaba Group Holding Ltd. ADR Underperforms Monday When Compared To Competitors
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The Alibaba Group Holding Ltd. ADR $(BABA)$ slipped 1.59% to $118.37 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.28% to 40,227.59 and the NASDAQ Composite Index falling 0.10% to 17,366.13.
The ADR's fall snapped a six-day winning streak.
Alibaba Group Holding Ltd. ADR closed 20.25% 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 Monday, as Beyond Inc. $(BYON)$ rose 1.95% to $4.18, Rakuten Group Inc. ADR $(RKUNY)$ rose 3.39% to $5.80, and eBay Inc. $(EBAY)$ fell 2.23% to $66.32.
Data source: Dow Jones Market Data, FactSet. Data compiled April 28, 2025.
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April 28, 2025 17:24 ET (21:24 GMT)
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