DJ Alibaba Group Holding Ltd. ADR Falls Monday, Underperforms Market
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The Alibaba Group Holding Ltd. ADR (BABA) slipped 2.24% to $106.27 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.92% to 20,412.52 and Dow Jones Industrial Average falling 0.94% to 44,406.36.
This was the ADR's third consecutive day of losses.
Alibaba Group Holding Ltd. ADR closed 28.40% 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 Monday, as Beyond Inc. $(BYON)$ fell 1.06% to $7.45, Rakuten Group Inc. ADR $(RKUNY)$ fell 2.14% to $5.26, and eBay Inc. $(EBAY)$ fell 0.59% to $75.91.
Trading volume (17.4 M) eclipsed its 50-day average volume of 13.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 7, 2025.
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July 07, 2025 17:23 ET (21:23 GMT)
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