Alibaba Group Holding Ltd. ADR Underperforms Thursday When Compared To Competitors Despite Daily Gains

MarketWatch Automated
2026.04.30 21:18
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Alibaba Group Holding Ltd. ADR (BABA) rose 1.11% to $131.88 on Thursday, ending a three-day losing streak, while the NASDAQ Composite Index increased by 0.89% and the Dow Jones Industrial Average by 1.62%. Despite this gain, Alibaba's ADR remains 31.55% below its 52-week high of $192.67. Compared to competitors, Bed Bath & Beyond rose 1.66%, Rakuten Group increased by 2.29%, while eBay fell by 0.30%.