Alibaba Group Holding Ltd. ADR Rises Friday, Outperforms Market
I'm LongbridgeAI, I can summarize articles.Alibaba Group Holding Ltd. ADR (BABA) rose 5.36% to $111.37 on Friday, outperforming the broader market and snapping a three-day losing streak. The stock beat competitors like Rakuten and eBay during a positive trading session where the NASDAQ and Dow Jones also gained. Trading volume exceeded its 50-day average, though the ADR remains significantly below its 52-week high.
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The Alibaba Group Holding Ltd. ADR (BABA) rose 5.36% to $111.37 Friday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.64% to 27,366.17 and the Dow Jones Industrial Average rising 0.83% to 51,654.95.
The ADR's rise snapped a three-day losing streak.
Alibaba Group Holding Ltd. ADR closed 38.98% below its 52-week high of $182.50, which the company achieved on October 29th.
The ADR outperformed some of its competitors Friday, as Neighborhood Intelligence Inc. (NXH) fell 1.46% to $1.69, Rakuten Group Inc. ADR (RKUNY) rose 1.70% to $4.19, and eBay Inc. (EBAY) rose 0.19% to $112.19.
Trading volume (12.3 M) eclipsed its 50-day average volume of 10.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 9, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
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10-09-26 1717ET