DJ Alibaba Group Holding Ltd. ADR Underperforms Friday When Compared To Competitors Despite Daily Gains
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The Alibaba Group Holding Ltd. ADR (BABA) rose 1.75% to $141.01 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.52% to 24,468.48 and the Dow Jones Industrial Average rising 1.79% to 49,447.43.
This was the ADR's fifth consecutive day of gains.
Alibaba Group Holding Ltd. ADR closed 26.81% short of its 52-week high of $192.67, which the company achieved on October 2nd.
The ADR underperformed when compared to some of its competitors Friday, as Bed Bath & Beyond Inc. $(BBBY)$ rose 10.17% to $5.74, Rakuten Group Inc. ADR $(RKUNY)$ rose 2.10% to $5.36, and eBay Inc. $(EBAY)$ rose 2.64% to $104.65.
Trading volume (12.8 M) eclipsed its 50-day average volume of 10.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 17, 2026.
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(END) Dow Jones Newswires
April 17, 2026 17:18 ET (21:18 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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