Connect with us

Hi, what are you looking for?

Investing

ADRs End Mostly Lower; WISeKey, Secoo Trade Actively

By Denny Jacob

International stocks trading in New York closed mostly lower on Friday.

The S&P/BNY Mellon index of American depositary receipts ticked up 0.1% to 152.01. The European index rose 0.6% to 150.92. The Asian index was down 0.7% to 168.84. The Latin American index declined 0.8% to 190.69, and the emerging-markets index retreated 0.6% to 279.81.

WISeKey International Holding was among those whose ADRs traded actively.

The cybersecurity company surged 50% following an announcement it and FOSSA Systems would launch several new WISeSat-Ready FOSSA powered satellites with Elon Musk’s SpaceX.

Secoo Holding dropped 7.6% after the online products and services platform operator received a notice from the Nasdaq Stock Market saying it wasn’t in compliance with requirements for continued listing because it didn’t file its annual report in a timely manner.


Write to Denny Jacob at [email protected]


Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

Crypto

FTX/Alameda has unstaked over $1 billion in Solana (SOL), raising concerns about potential market impact. Despite this, SOL remains resilient, trading near $137. However,...