Alibaba Group Holding Ltd. ADR Outperforms Competitors On Strong Trading Day

MarketWatch Automated
2026.04.24 21:20
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Alibaba Group Holding Ltd. ADR (BABA) rose 3.13% to $135.82 on a mixed trading day, outperforming competitors like Bed Bath & Beyond (BBBY) and eBay (EBAY), which fell. The NASDAQ Composite Index increased by 1.63%, while the Dow Jones Industrial Average decreased by 0.16%. Despite the gain, Alibaba remains 29.51% below its 52-week high of $192.67 reached on October 2nd. Trading volume was 9.0 million, below the 50-day average of 10.9 million.