DJ Alibaba Group Holding Ltd. ADR Underperforms Thursday When Compared To Competitors
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The Alibaba Group Holding Ltd. ADR (BABA) shed 1.82% to $108.70 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.02% to 20,601.10 and the Dow Jones Industrial Average rising 0.77% to 44,828.53.
This was the ADR's second consecutive day of losses.
Alibaba Group Holding Ltd. ADR closed 26.77% short of its 52-week high of $148.43, which the company achieved on March 17th.
The ADR underperformed when compared to some of its competitors Thursday, as Beyond Inc. $(BYON)$ fell 1.31% to $7.53, Rakuten Group Inc. ADR $(RKUNY)$ fell 0.19% to $5.37, and eBay Inc. $(EBAY)$ rose 0.77% to $76.36.
Trading volume (11.8 M) remained 1.3 million below its 50-day average volume of 13.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 3, 2025.
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July 03, 2025 17:22 ET (21:22 GMT)
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