ALIBABA GROUP HOLDING LTD (FOREIGN)

186.94 -0.61 (-0.33%)

Search for alternative investments is on for BABA investors as it underperforms broader market

7 min read

ALIBABA GROUP HOLDING LTD (Foreign) significantly underperformed on Thursday. It lost -0.33% to close at 186.94. On a day when the overall market breadth was 37%, it closed higher than 64% of the market. In comparison, the benchmark SP500 index closed today at +0.16%.

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