This article was automatically generated by MarketWatch using technology from Automated Insights.
The Alibaba Group Holding Ltd. ADR (9988.HK) advanced 2.37% to $167.85 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.52% to 15,704.28 and the Dow Jones Industrial Average falling 0.44% to 35,921.23. This was the ADR's second consecutive day of gains. Alibaba Group Holding Ltd. ADR closed $112.76 short of its 52-week high ($280.61), which the company achieved on November 24th.
The ADR outperformed some of its competitors Thursday, as Amazon.com Inc. (AMZN) fell 0.27% to $3,472.50, eBay Inc. (EBAY) rose 0.10% to $73.30, and Rakuten Group Inc. ADR fell 2.73% to $10.35. Trading volume (16.7 M) remained 4.6 million below its 50-day average volume of 21.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2021.
(END) Dow Jones Newswires
November 11, 2021 16:39 ET (21:39 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.