What are American depository receipts (adr) ?
American Depository Receipts (ADRs) are certificates issued by U.S. depository banks that represent shares of foreign companies. ADRs allow U.S. investors to invest in foreign companies without having to buy the actual shares on a foreign stock exchange. When a foreign company decides to issue ADRs, it will typically hire a U.S. bank to manage Read more about What are American depository receipts (adr) ?[…]