Alibaba Group Holding Ltd. ADR outperforms the market on a strong trading day

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The Alibaba Group Holding Ltd. ADR BABA,
+ 0.43%
rose 0.43% to $ 268.93 on Thursday, in what proved to be a global mixed trading session for the stock market, with the NASDAQ Composite Index COMP,
+ 0.38%
rising 0.38% to 14,025.77 and the DIA Jones Industrial Average,
-0.02%
falling 0.02% to 31,430.70. This was the third consecutive day of ADR earnings. Alibaba Group Holding Ltd. ADR closed at $ 50.39 below the 52-week high ($ 319.32), which the company hit on Oct. 27.

The ADR showed mixed performance compared to some of its competitors on Thursday, such as Amazon.com Inc. AMZN,
-0.74%
fell 0.74% to $ 3,262.13, eBay Inc. EBAY,
-0.02%
fell 0.02% to $ 62.31 and Rakuten Inc. ADR RKUNY,
+ 0.45%
rose 0.45% to $ 11.08. Trading volume (15.0 M) remained at 9.8 million below its average volume of 24.8 M.

Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. Consult the conditions of use of our market data.

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