Alibaba ADR falls, underperforms market

The Alibaba Group Holding Ltd. ADR  $Alibaba (BABA.US)$ , slid 6.09% to $101.45.

The ADR underperformed when compared to some of its competitors, as Amazon.com Inc. $Amazon (AMZN.US)$ , fell 3.72% to $103.66, eBay Inc. $eBay (EBAY.US)$ , fell 5.58% to $41.08, and Rakuten Group Inc. $Rakuten Group (ADR) (RKUNY.US)$ , fell 2.27% to $4.73. Trading volume (22.0 M) remained 5.4 million below its 50-day average volume of 27.4 M.