ADRs

ADRs, or American Depositary Receipts, are financial instruments that allow foreign companies to list their shares on US stock exchanges, enabling American investors to buy and trade them as if they were domestic stocks.

Why it’s in the news: ADRs are in the news due to significant price movements in the stocks of major Indian IT companies like Infosys and Wipro, which are heavily traded in the US market.

Latest on ADRs

• Infosys, Wipro ADRs soar up to 8% as strong Accenture earnings forecast lifts mood
• GEB to list ADRs
• IBM disappointment sparks crash in Infosys, Wipro ADRs as AI fears rattle tech sector
• Samsung explores potential US listing via ADRs, Bloomberg News reports

Connections

3 entities linked to ADRs across the news graph.