ADRs Close Lower; Cheetah Mobile Inc. Declines 21%

This article was automatically generated by Dow Jones Newswires using technology from Automated Insights.

International stocks trading in New York closed lower on Wednesday, as the S&P/BNY Mellon index of American depositary receipts declined 0.3% to 172.05.

The European index fell 0.3% to 167.24. The Asian index declined 0.5% to 200.49. The Latin American index gained 0.2% to 203.80, while the emerging-markets index fell 0.3% to 319.44.

Cheetah Mobile Inc., based in China, posted the largest decline, plummeting 21% to $3.09, followed by shares of Japan's Warrantee Inc., which tumbled 14% to 32 cents. Shares of Italy-based Genenta Science S.p.A. tumbled 13% to $3.00.

Australia's Kazia Therapeutics Ltd. was the biggest leader during the session, jumping 18% to 34 cents, and China-based 9F Inc. jumped 12% to $3.12. Tuniu Corp., which is based in China, rounded out the top three leaders on Wednesday, with shares surging 11% to 81 cents.

Data source: Dow Jones Market Data, FactSet.

(END) Dow Jones Newswires

April 17, 2024 16:49 ET (20:49 GMT)

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