The Alibaba Group Holding Ltd. ADR BABA,
rose 0.05% to $ 270.83 on Wednesday, with a mixed stock market trading session with the Dow Jones Industrial Average DJIA,
by 0.29% to 31.613.02 and the NASDAQ Composite Index COMP,
by 0.58% to 13,965.49. This was the ADR’s second consecutive day of gains. Alibaba Group Holding Ltd. ADR closed at $ 48.49 from its 52-week high ($ 319.32), which the company reached on October 27.
The ADR underperformed compared to some of its competitors on Wednesday as Amazon.com Inc. AMZN,
rose 1.21% to $ 3,308.64, eBay Inc. EBAY,
rose 0.29% to $ 63.05, and Rakuten Inc. ADR RKUNY,
rose 3.09% to $ 10.68. The trading volume (13.0 million) remained 11.1 million below the average volume of 24.1 million of 50 days.
Editor’s Note: This story was automatically generated by Automated Insights using Dow Jones and FactSet data. See our Terms of Use for Market Data.