ADRs End Mostly Lower, Azul S.A., Adidas Trade Actively
11 February 2023 - 10:45AM
Dow Jones News
By Sabela Ojea
International stocks trading in New York closed mostly lower on
Friday.
The S&P/BNY Mellon index of American depositary receipts
fell 0.3% to 153.07. The European index climbed 0.2% to 146.69, the
Asian index declined 1.3% to 181.59, the Latin American index
increased 0.6% to 187.67, and the emerging markets index dropped
1.5% to 301.44.
ADRs of Azul S.A. on Friday fell 5.9% on its first trading day
following a blank-check company merger. AMCI Acquisition Corp. II
combined with carbon capture business LanzaTech NZ Inc.
ADRs of Adidas AG fell 0.7% after the German sportswear company
warned that it could post a loss in 2023 if it fails to sell its
inventory of Yeezy shoes, made within a partnership with Kanye West
that was recently terminated.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
February 10, 2023 18:30 ET (23:30 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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