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Alibaba Group Holding Ltd. ADR falls Thursday, underperforms market

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Terrence Horan

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The Alibaba Group Holding Ltd. ADR BABA, -2.09% slid 0.37% to $166.78 Thursday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index COMP, +0.02% rising 1.73% to 14,823.43 and the Dow Jones Industrial Average DJIA, -0.11% rising 1.56% to 34,912.56. Alibaba Group Holding Ltd. ADR closed $152.54 short of its 52-week high ($319.32), which the company reached on October 27th.

The ADR underperformed when compared to some of its competitors Thursday, as Inc. AMZN, -0.70% rose 0.47% to $3,299.86, eBay Inc. EBAY, +0.18% fell 0.29% to $74.68, and Rakuten Group Inc. ADR RKUNY, +1.18% rose 1.13% to $10.03. Trading volume (17.3 M) remained 9.1 million below its 50-day average volume of 26.4 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.