Alibaba Group Holding Ltd. ADR Outperforms Competitors Despite Losses On The Day

Dow Jones2023-05-02

DJ Alibaba Group Holding Ltd. ADR Outperforms Competitors Despite Losses On The Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Alibaba Group Holding Ltd. ADR $(09988)$ slumped 0.63% to $84.16 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.11% to 12,212.60 and Dow Jones Industrial Average falling 0.14% to 34,051.70.

The ADR's fall snapped a two-day winning streak.

Alibaba Group Holding Ltd. ADR closed $41.68 short of its 52-week high ($125.84), which the company achieved on July 8th.

Despite its losses, the ADR outperformed some of its competitors Monday, as Overstock.com Inc. (OSTK) fell 3.68% to $19.61, Rakuten Group Inc. ADR fell 1.01% to $4.91, and eBay Inc. $(EBAY)$ fell 1.66% to $45.66.

Trading volume (11.2 M) remained 15.2 million below its 50-day average volume of 26.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2023.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 01, 2023 16:39 ET (20:39 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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2023-05-02
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2023-05-02
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历史打底了🔥🚀🚀🚀

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ADR <a href=\"https://laohu8.com/S/09988\">$(09988)$</a> slumped 0.63% to $84.16 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index  falling 0.11% to 12,212.60 and Dow Jones Industrial Average  falling 0.14% to 34,051.70. \n</p>\n<p>\n  The ADR's fall snapped a two-day winning streak. \n</p>\n<p>\n  Alibaba Group Holding Ltd. ADR closed $41.68 short of its 52-week high ($125.84), which the company achieved on July 8th. \n</p>\n<p>\n  Despite its losses, the ADR outperformed some of its competitors Monday, as <a href=\"https://laohu8.com/S/OSTK\">Overstock.com</a> Inc. (OSTK) fell 3.68% to $19.61, Rakuten Group Inc. ADR  fell 1.01% to $4.91, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> fell 1.66% to $45.66. \n</p>\n<p>\n  Trading volume (11.2 M) remained 15.2 million below its 50-day average volume of 26.4 M. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet. 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ADR Outperforms Competitors Despite Losses On The Day\n\n\n  This article was automatically generated by MarketWatch using technology from Automated Insights. \n\n\n  The Alibaba Group Holding Ltd. ADR $(09988)$ slumped 0.63% to $84.16 Monday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index  falling 0.11% to 12,212.60 and Dow Jones Industrial Average  falling 0.14% to 34,051.70. \n\n\n  The ADR's fall snapped a two-day winning streak. \n\n\n  Alibaba Group Holding Ltd. ADR closed $41.68 short of its 52-week high ($125.84), which the company achieved on July 8th. \n\n\n  Despite its losses, the ADR outperformed some of its competitors Monday, as Overstock.com Inc. (OSTK) fell 3.68% to $19.61, Rakuten Group Inc. 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