DJ Alibaba Group Holding Ltd. ADR Underperforms Thursday When Compared To Competitors
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The Alibaba Group Holding Ltd. ADR (BABA) slid 1.36% to $122.05 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.18% to 21,879.18 and the Dow Jones Industrial Average falling 0.13% to 46,504.67.
This was the ADR's second consecutive day of losses.
Alibaba Group Holding Ltd. ADR closed 36.65% short of its 52-week high of $192.67, which the company achieved on October 2nd.
The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Bed Bath & Beyond Inc. $(BBBY)$ fell 0.86% to $4.62, Rakuten Group Inc. ADR $(RKUNY)$ fell 3.00% to $4.70, and eBay Inc. $(EBAY)$ rose 1.08% to $94.14.
Trading volume (8.8 M) remained 2.5 million below its 50-day average volume of 11.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 2, 2026.
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(END) Dow Jones Newswires
April 02, 2026 17:18 ET (21:18 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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