ADRs Close Lower; The9 Ltd. Declines 16%

Dow Jones
16 hours ago

This article was automatically generated by Dow Jones using technology from Automated Insights.

International stocks trading in New York closed lower on Wednesday, as the S&P/BNY Mellon index of American depositary receipts declined 0.9% to 275.97.

The European index dropped 0.8% to 243.44. The Asian index fell 1.0% to 368.17. The Latin American index dropped 0.5% to 282.72, while the emerging-markets index declined 0.9% to 610.92.

The9 Ltd., based in China, posted the largest decline, tumbling 16% to $3.79, followed by shares of United Kingdom's Wing Yip Food Holdings Group Ltd., which tumbled 15% to $4.98. Shares of Italy-based Genenta Science S.p.A. plunged 12% to 87 cents.

Australia's Resolution Minerals Ltd. was the biggest leader during the session, soaring 45% to $11.60, and China-based 17 Education & Technology Group Inc. soared 21% to $4.57. PicoCELA Inc., which is based in Japan, rounded out the top three leaders on Wednesday, with shares jumping 17% to $7.42.

Data source: Dow Jones Market Data, FactSet

 

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