ADRs Slump; Hello Group Declines 22%
This article was automatically generated by Dow Jones Newswires using technology from Automated Insights.
International stocks trading in New York closed lower on Thursday, as the S&P/BNY Mellon index of American depositary receipts dropped 1.0% to 177.17.
The European index declined 0.8% to 171.34. The Asian index fell 1.4% to 208.26. The Latin American index declined 0.3% to 211.31, while the emerging-markets index declined 1.5% to 333.69.
Hello Group Inc., based in China, posted the largest decline, dropped 22% to $5.96, followed by shares of China's Puyi, which also lost 22% to $6.69. Shares of Australia-based Aslan Pharmaceuticals plunged 17% to 63 cents.
China's WiMi Hologram Cloud was the biggest leader during the session, with shares that rocketed 31% to $1.44, and Israel-based Alarum Technologies surged 15% to $21.17. TC BioPharm (Holdings), which is based in United Kingdom, rounded out the top three leaders on Thursday, with shares that gained 13% to $1.92.
Data source: Dow Jones Market Data, FactSet.
(END) Dow Jones Newswires
March 14, 2024 16:53 ET (20:53 GMT)
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