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

MarketWatch Automated
2026.06.11 21:20
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Alibaba Group Holding Ltd. ADR (BABA) fell 1.43% to $112.69 on Thursday, underperforming the broader market and key competitors like Bed Bath & Beyond, Rakuten, and eBay. This marks the stock's seventh consecutive day of losses, with the ADR trading 41.51% below its 52-week high. Trading volume reached 16.3 million shares, exceeding the 50-day average.