DJ Alibaba Group Holding Ltd. ADR Falls Wednesday, Underperforms Market
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The Alibaba Group Holding Ltd. ADR $(BABA)$ slipped 2.86% to $110.71 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.94% to 20,393.13 and the Dow Jones Industrial Average falling 0.02% to 44,484.42.
Alibaba Group Holding Ltd. ADR closed 25.41% below its 52-week high of $148.43, which the company reached on March 17th.
The ADR underperformed when compared to some of its competitors Wednesday, as Beyond Inc. $(BYON)$ rose 6.42% to $7.63, Rakuten Group Inc. ADR $(RKUNY)$ fell 0.55% to $5.38, and eBay Inc. $(EBAY)$ fell 0.42% to $75.78.
Trading volume (13.4 M) remained 54,947 below its 50-day average volume of 13.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 2, 2025.
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July 02, 2025 17:21 ET (21:21 GMT)
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