DJ Alibaba Group Holding Ltd. ADR Falls Wednesday, Underperforms Market
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The Alibaba Group Holding Ltd. ADR (BABA) slid 1.06% to $115.73 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.25% to 20,730.49 and the Dow Jones Industrial Average rising 0.53% to 44,254.78.
The ADR's fall snapped a four-day winning streak.
Alibaba Group Holding Ltd. ADR closed 22.03% 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 Wednesday, as Beyond Inc. $(BYON)$ rose 4.71% to $7.34, Rakuten Group Inc. ADR $(RKUNY)$ rose 0.49% to $5.35, and eBay Inc. $(EBAY)$ fell 0.39% to $76.92.
Trading volume (14.4 M) eclipsed its 50-day average volume of 13.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 16, 2025.
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July 16, 2025 17:23 ET (21:23 GMT)
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