Rakuten Group (ADR) Stock Forum

The $Alibaba (BABA.US)$ shed 1.09% to $80.71 Thursday, on what proved to be an all-around rough trading session for the stock market, with the $Nasdaq Composite Index (.IXIC.US)$ falling 1.37% to 11,066.81 and Dow Jones Industrial Average falling 0.35% to 30,076.68. This was the ADR's third consecutive day of losses. $Alibaba (BABA.US)$ closed $101.38 short of its 52-week high ($182.09), which the company reached on October 22nd.
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The ADR outperformed some of its competitors Monday, as Amazon.com Inc. $Amazon (AMZN.US)$ , fell 3.62% to $133.22, eBay Inc. $eBay (EBAY.US)$ , fell 3.57% to $45.39, and Rakuten Group Inc. $Rakuten Group (ADR) (RKUNY.US)$ , fell 2.50% to $5.08. Trading volume (15.4 M) remained 10.9 million below its 50-day average volume of 26.3 M.
The Alibaba $Alibaba (BABA.US)$ , inched 0.45% higher to $90.03 Monday, on what proved to be an all-arou...

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.

BABA $Alibaba (BABA.US)$ rose 2.66% to $108.03 on Wednesday. The ADR demonstrated a mixed performance when compared to some of its competitors on yesterday, as AMZN $Amazon (AMZN.US)$ , rose 5.24% to $107.67, EBAY $eBay (EBAY.US)$ , rose 2.18% to $43.51, and RKUNY $Rakuten Group (ADR) (RKUNY.US)$ , rose 1.68% to $4.84.
$BABA-W (09988.HK)$

Tencent is trending lower this morning, as Japan's Chief Cabinet Secretary Kato says Tencent's Rakuten investment will be handled based on law.
Rakuten planned to raise $2.2 billion by issuing new shares to Japan Post, Walmart and an investment firm backed by Tencent.
$TENCENT (00700.HK)$
$Rakuten Group (ADR) (RKUNY.US)$