The Alibaba Group Holding Ltd. ADR BABA, +2.93% advanced 2.93% to $92.14 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +2.11% rising 2.11% to 12,112.31 and the Dow Jones Industrial Average DJIA, +1.19% rising 1.19% to 32,151.71. Alibaba Group Holding Ltd. ADR closed $89.95 short of its 52-week high ($182.09), which the company achieved on October 22nd.
The ADR outperformed some of its competitors Friday, as Amazon.com Inc. AMZN, +2.66% rose 2.66% to $133.27, eBay Inc. EBAY, +1.92% rose 1.92% to $45.10, and Rakuten Group Inc. ADR RKUNY, +2.60% rose 2.60% to $4.73. Trading volume (10.7 M) remained 11.5 million below its 50-day average volume of 22.2 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.
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