DJ Alibaba Group Holding Ltd. ADR Outperforms Market On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
The Alibaba Group Holding Ltd. ADR $(BABA)$ rose 5.20% to $115.88 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.71% to 16,300.42 and the Dow Jones Industrial Average rising 2.66% to 39,186.98.
This was the ADR's third consecutive day of gains.
Alibaba Group Holding Ltd. ADR closed 21.93% below its 52-week high of $148.43, which the company reached on March 17th.
The ADR outperformed some of its competitors Tuesday, as Beyond Inc. $(BYON)$ rose 2.56% to $4.00, Rakuten Group Inc. ADR $(RKUNY)$ fell 1.82% to $5.39, and eBay Inc. $(EBAY)$ rose 2.16% to $67.05.
Trading volume (26.2 M) remained 8.1 million below its 50-day average volume of 34.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2025.
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(END) Dow Jones Newswires
April 22, 2025 17:21 ET (21:21 GMT)
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