ADRs End Lower
05 Dezembro 2017 - 8:45PM
Dow Jones News
International stocks trading in New York closed lower Tuesday.
The BNY Mellon index of American depositary receipts dropped 0.5%
to 148.71. The European index decreased 0.6% to 138.27. The Asian
index declined 0.2% to 175.33. The Latin American index fell 0.7%
to 238.40. And the emerging-markets index dropped 0.2% to 314.58.
RedHill Biopharma and GW Pharmaceuticals were among those with ADRs
that traded actively.
RedHill Biopharma Ltd (RDHL) unveiled a cost-reduction and
resource-optimization plan. ADRs fell 4.8% to $4.79.
GW Pharmaceuticals PLC (GWPH) said it intends to sell $225
million of American depositary shares. ADRs rose 3.4% to
$119.41.
ADRs of 21Vianet Group Inc. (VNET) fell 1.7% to $7.00 after the
company reported results for its latest quarter. The company said
revenue increased 10% while sales and marketing costs jumped
41%.
Write to Austen Hufford at austen.hufford@wsj.com
(END) Dow Jones Newswires
December 05, 2017 17:30 ET (22:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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