
Alibaba Group Holding Ltd. ADR Falls Tuesday, Underperforms Market

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Alibaba Group Holding Ltd. ADR (BABA) fell 2.12% to $119.72 on Tuesday, underperforming the market as the NASDAQ Composite rose 0.10% and the Dow Jones Industrial Average dropped 0.18%. The stock is currently 37.86% below its 52-week high of $192.67. Competitors like Bed Bath & Beyond, Rakuten Group, and eBay also experienced declines. Trading volume was 10.2 million, below the 50-day average of 10.7 million.
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