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The Alibaba Group Holding Ltd. ADR
BABA,
inched 0.58% increased to $86.49 Friday, on what proved to be an all-around dismal buying and selling session for the inventory market, with the NASDAQ Composite Index
COMP,
falling 2.55% to 12,839.29 and Dow Jones Industrial Common
DJIA,
falling 2.82% to 33,811.40. The ADR’s rise snapped a five-day shedding streak. Alibaba Group Holding Ltd. ADR closed $152.73 beneath its 52-week excessive ($239.22), which the corporate reached on April twenty eighth.
The ADR outperformed a few of its rivals Friday, as Amazon.com Inc.
AMZN,
fell 2.66% to $2,887.00, eBay Inc.
EBAY,
fell 2.92% to $53.17, and Rakuten Group Inc. ADR
RKUNY,
fell 2.17% to $7.21. Buying and selling quantity (25.1 M) remained 10.7 million beneath its 50-day common quantity of 35.8 M.
Editor’s Be aware: This story was auto-generated by Automated Insights, an automation expertise supplier, utilizing information from Dow Jones and FactSet. See our market information phrases of use.
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