Alibaba Group Holding Ltd. ADR Outperforms Market On Strong Trading Day
I'm LongbridgeAI, I can summarize articles.Alibaba Group Holding Ltd. ADR (BABA) rose 1.35% to $123.81, outperforming the broader market which saw declines in the NASDAQ and Dow Jones indices. This gain ended a three-day losing streak for Alibaba. The stock remains 35.74% below its 52-week high of $192.67. Trading volume was lower than the 50-day average.
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The Alibaba Group Holding Ltd. ADR (BABA) rallied 1.35% to $123.81 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 0.28% to 26,729.16 and Dow Jones Industrial Average falling 0.20% to 53,732.41.
The ADR's rise snapped a three-day losing streak.
Alibaba Group Holding Ltd. ADR closed 35.74% short of its 52-week high of $192.67, which the company reached on October 2nd.
The ADR outperformed some of its competitors Friday, as Bed Bath & Beyond Inc. (BBBY) fell 2.03% to $4.35, Rakuten Group Inc. ADR (RKUNY) fell 1.24% to $4.79, and eBay Inc. (EBAY) fell 1.38% to $103.14.
Trading volume (8.2 M) remained 3.8 million below its 50-day average volume of 12.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 14, 2026.
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08-14-26 1719ET