Explain the concept of an ADR.... | Filo
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Solution For Explain the concept of an ADR.
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American depositary receipts (ADRs) have been added to Sharesies! 🧾🍍 An ADR is a type of investment you can find on US exchanges. Each ADR represents shares in a company that’s listed on an exchange outside of the US—like NIO (NIO), Oatly (OTLY), Alibaba (BABA), and Sony (SONY)—giving you the option to invest in even more brands from around the globe in one place. 🌎 To find ADRs in Sharesies, go to Invest and search ‘ADR’ For more info on how ADRs work, check out our blog: https://bit.ly/3eCm
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