ADRs End Lower; Nio, Sanofi Among Companies Actively Trading
08 Setembro 2021 - 8:38PM
Dow Jones News
By Kimberly Chin
International stocks trading in New York closed lower on
Wednesday.
The S&P/BNY Mellon index of American depositary receipts
fell 1.5% to 166.70. The European index tumbled 1% to 144.95. The
Asian index fell 1.6% to 229.23. The Latin American index decreased
4.3% to 198.03. And the emerging-markets index dropped 2.5% to
381.69.
Nio Inc.'s ADRs fell 6% after the Chinese electric-vehicle maker
said it will sell stock to raise money, tapping the U.S. market for
cash.
Sanofi SA's ADRs slipped 2.8% on Wednesday after the company
said it was buying biopharmaceutical company Kadmon Holdings Inc.
for $9.50 a share in cash.
Smiths Group PLC's ADRs rose 2.9% after ICU Medical Inc. said it
has committed to buy the Smiths Medical division of the company in
a transaction that is superior to the existing proposed transaction
between Smiths Medical and Trulli Bidco Ltd.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
September 08, 2021 19:23 ET (23:23 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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