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The Alibaba Group Holding Ltd. ADR (9988.HK) rose 2.14% to $136.52 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.44% to 15,845.23 and the Dow Jones Industrial Average falling 0.03% to 35,804.38. The ADR's rise snapped a five-day losing streak. Alibaba Group Holding Ltd. ADR closed $142.81 short of its 52-week high ($279.33), which the company achieved on November 25th.
The ADR outperformed some of its competitors Wednesday, as Amazon.com Inc. (AMZN) rose 0.01% to $3,580.41, eBay Inc. (EBAY) rose 1.41% to $72.66, and Rakuten Group Inc. ADR fell 2.99% to $10.70. Trading volume (19.9 M) remained 2.4 million below its 50-day average volume of 22.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 24, 2021.
(END) Dow Jones Newswires
November 24, 2021 16:39 ET (21:39 GMT)
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