Alibaba Group Holding Ltd. ADR Rises Friday, Outperforms Market

Dow Jones02-08 06:23

DJ Alibaba Group Holding Ltd. ADR Rises Friday, Outperforms Market

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

The Alibaba Group Holding Ltd. ADR $(BABA)$ rose 3.12% to $103.51 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.36% to 19,523.40 and Dow Jones Industrial Average falling 0.99% to 44,303.40.

This was the ADR's second consecutive day of gains.

Alibaba Group Holding Ltd. ADR closed 12.15% below its 52-week high of $117.82, which the company reached on October 7th.

The ADR outperformed some of its competitors Friday, as Beyond Inc. $(BYON)$ fell 1.90% to $8.77, Rakuten Group Inc. ADR $(RKUNY)$ fell 0.76% to $6.50, and eBay Inc. $(EBAY)$ rose 0.49% to $67.83.

Trading volume (39.4 M) eclipsed its 50-day average volume of 16.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled February 7, 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 07, 2025 17:23 ET (22:23 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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ADR <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> rose 3.12% to $103.51 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index  falling 1.36% to 19,523.40 and Dow Jones Industrial Average  falling 0.99% to 44,303.40. \n</p>\n<p>\n     This was the ADR's second consecutive day of gains. \n</p>\n<p>\n     Alibaba Group Holding Ltd. ADR closed 12.15% below its 52-week high of $117.82, which the company reached on October 7th. \n</p>\n<p>\n     The ADR outperformed some of its competitors Friday, as Beyond Inc. <a href=\"https://laohu8.com/S/BYON\">$(BYON)$</a> fell 1.90% to $8.77, <a href=\"https://laohu8.com/S/RKUNF\">Rakuten Group Inc.</a> ADR <a href=\"https://laohu8.com/S/RKUNY\">$(RKUNY)$</a> fell 0.76% to $6.50, and eBay Inc. <a href=\"https://laohu8.com/S/EBAY\">$(EBAY)$</a> rose 0.49% to $67.83. \n</p>\n<p>\n     Trading volume (39.4 M) eclipsed its 50-day average volume of 16.9 M. \n</p>\n<p>\n     Data source: Dow Jones Market Data, FactSet. Data compiled February 7, 2025. \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. 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