
Alibaba Group Holding Ltd. ADR Outperforms Competitors Despite Losses On The Day

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Alibaba Group Holding Ltd. ADR (BABA) fell 3.61% to $115.38, marking its sixth consecutive day of losses amid a broader market decline. The stock closed 40.12% below its 52-week high of $192.67. Despite the drop, Alibaba outperformed competitors like Bed Bath & Beyond and Rakuten. Trading volume was slightly below the 50-day average.
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