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ADR closed 33.35% short of its 52-week high of $192.67, which the company achieved on October 2nd.The ADR underperformed when compared to some of its competitors Friday, as Bed Bath & Beyond Inc.  rose 3.11% to $4.64, Rakuten Group Inc. ADR  rose 3.49% to $5.63, and eBay Inc.  rose 1.67% to $111.98.Trading volume  remained 6.3 million below its 50-day average volume of 12.3 M.Data source: Dow Jones Market Data, FactSet. 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Reports surfaced of three store closures, alongside the sale of a core bakery production facility. 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Chatter: Alibaba, Baidu-Backed Vast Seeks New Capital at Nearly $2 Billion Valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=2657689247","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2657689247?lang=en_us&edition=fundamental","pubTime":"2026-08-06 17:22","pubTimestamp":1786008141,"startTime":"0","endTime":"0","summary":"Alibaba  and Baidu -backed artificial intelligence startup Vast is in discussions to raise fresh capital in a funding round that could value the company at nearly $2 billion, The Wall Street Journal reported Wednesday, citing people familiar with the matter.According to the report, Vast has also begun preliminary discussions with investment banks about a potential Hong Kong initial public offering as early as next year, though the talks remain at an early stage and no final decisions have been made.Alibaba, Baidu and Vast did not immediately respond to requests for comment from MT 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Group Holding Stock Slides 2.9% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2657686686","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2657686686?lang=en_us&edition=fundamental","pubTime":"2026-08-06 16:31","pubTimestamp":1786005060,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Alibaba Group Holding Ltd. slid 2.9% to 124.40 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.5% to 25530.28.The stock's fall snapped a four-day winning streak.Alibaba Group Holding Ltd. closed 33% short of its 52-week high of HK$186.20, which the company achieved Oct. 3.Trading volume totaled 67.2 million shares, compared to the 50-day average of 108.0 million shares.Data source: Dow Jones Market Data, 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