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

MarketWatch Automated
2026.03.27 21:20
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Alibaba Group Holding Ltd. ADR (BABA) fell 2.17% to $122.69, marking its second consecutive day of losses amid a declining stock market. The NASDAQ Composite Index dropped 2.15%, while the Dow Jones Industrial Average fell 1.73%. Alibaba's ADR is currently 36.32% below its 52-week high of $192.67. In comparison, competitors like Bed Bath & Beyond, Rakuten Group, and eBay also experienced losses. Trading volume was 8.1 million, below the 50-day average of 11.7 million.