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The Alibaba Group Holding Ltd. ADR (9988.HK) shed 0.62% to $166.81 Friday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 1.00% to 15,860.96 and the Dow Jones Industrial Average rising 0.50% to 36,100.31. The ADR's fall snapped a two-day winning streak. Alibaba Group Holding Ltd. ADR closed $113.80 short of its 52-week high ($280.61), which the company reached on November 24th.
The ADR demonstrated a mixed performance when compared to some of its competitors Friday, as Amazon.com Inc. (AMZN) rose 1.52% to $3,525.15, eBay Inc. (EBAY) rose 0.83% to $73.91, and Rakuten Group Inc. ADR fell 0.68% to $10.28. Trading volume (13.5 M) remained 7.5 million below its 50-day average volume of 21.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 12, 2021.
(END) Dow Jones Newswires
November 12, 2021 16:39 ET (21:39 GMT)
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