Alibaba Holding Group Ltd. ADR BABA,
rose 0.05% higher to $ 270.83 on Wednesday in what turned out to be a mixed trading session for the stock market, with Dow Jones Industrial Average DJIA,
increasing by 0.29% to 31,613.02, and the NASDAQ COMP composite index,
decreasing by 0.58% to 13,965.49. This was the second consecutive day of ADR earnings. Alibaba Group Holding Ltd. ADR closed at $ 48.49 in addition to the 52-week high ($ 319.32), which the company reached on October 27.
ADR performed poorly compared to some of its competitors on Wednesday, such as Amazon.com Inc. AMZN,
rose 1.21% to $ 3,308.64, eBay Inc. EBAY,
increased 0.29% to $ 63.05, and Rakuten Inc. ADR RKUNY,
increased 3.09% to $ 10.68. Trading volume (13.0 million) remained at 11.1 million below its average volume of 24.1 M.
Editor’s note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See the terms of use of our market data.