Alibaba Group Holding Ltd. ADR outperforms the market on a strong trading day

The Alibaba Group Holding Ltd. ADR BABA,
+ 0.43%
which was 0.43% higher on Thursday to $ 268.93, with a mixed trading session for the stock market, with the NASDAQ Composite Index COMP,
+ 0.38%
by 0.38% to 14,025.77 and the Dow Jones Industrial Average DJIA,
-0.02%
by 0.02% to 31,430.70. This was the third consecutive day of the ADR. Alibaba Group Holding Ltd. ADR closed at $ 50.39 as the 52-week high ($ 319.32) the company achieved on October 27.

The ADR showed a mixed performance compared to some of its competitors Thursday, such as Amazon.com Inc. AMZN,
-0.74%
fell 0.74% to $ 3,262.13, eBay Inc. EBAY,
-0.02%
it fell 0.02% to $ 62.31, and Rakuten Inc., ADR RKUNY,
+ 0.45%
rose 0.45% to $ 11.08. The trading volume (15.0 million) remained 9.8 million below its 50 day average volume of 24.8 million.

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.

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