DJ Alibaba Group Holding Ltd. ADR Rises Wednesday, Outperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
The Alibaba Group Holding Ltd. ADR $(BABA)$ rose 3.78% to $139.08 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.26% to 19,075.26 and the Dow Jones Industrial Average falling 0.43% to 43,433.12.
This was the ADR's second consecutive day of gains.
Alibaba Group Holding Ltd. ADR closed 4.28% below its 52-week high of $145.30, which the company achieved on February 21st.
The ADR outperformed some of its competitors Wednesday, as Beyond Inc. $(BYON)$ fell 9.15% to $6.75, Rakuten Group Inc. ADR $(RKUNY)$ fell 0.59% to $6.35, and eBay Inc. $(EBAY)$ fell 2.52% to $69.14.
Trading volume (40.4 M) eclipsed its 50-day average volume of 26.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 26, 2025.
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
February 26, 2025 17:25 ET (22:25 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。