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The Alibaba Group Holding Ltd. ADR (9988.HK) slipped 1.60% to $165.41 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.76% to 34,869.63 and the NASDAQ Composite Index falling 0.07% to 15,105.58. Alibaba Group Holding Ltd. ADR closed $153.91 below its 52-week high ($319.32), which the company reached on October 27th.
The ADR underperformed when compared to some of its competitors Monday, as Amazon.com Inc. (AMZN) fell 0.35% to $3,457.17, eBay Inc. (EBAY) rose 0.15% to $72.67, and Rakuten Group Inc. ADR rose 0.20% to $10.22. Trading volume (15.4 M) remained 9.6 million below its 50-day average volume of 25.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 13, 2021.
(END) Dow Jones Newswires
September 13, 2021 16:39 ET (20:39 GMT)
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