the alibaba group holding ltd adr baba rallied 112 to 7955 wednesday on what proved to be an allaround dismal trading session for the stock market with the nasdaq composite index comp falling 063 to 1293529 and dow jones industrial average djia falling 041 to 3290827 alibaba group holding ltd adr closed 4629 below its 52week high 12584 which the company achieved on july 8th