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Re: PennyWorld post# 42726

Friday, 10/08/2021 3:38:18 PM

Friday, October 08, 2021 3:38:18 PM

Post# of 44690
This one explanation comes from Nasdaq

Differences between ADRs and "regular" stocks

An ADR can represent a one-for-one exchange with the foreign shares, a fraction of a share, or multiple shares. This is one major way in which traditional U.S. stocks differ from ADRs. This is an important consideration, so let's go through an example.

https://www.nasdaq.com/articles/what-adr-and-how-it-different-regular-stock-2018-10-24