ADRs Close Lower; Novonix Ltd. Declines 15%

Dow Jones
05-22

This article was automatically generated by Dow Jones 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 dropped 0.5% to 196.54.

The European index fell 0.4% to 182.05. The Asian index fell 0.6% to 248.52. The Latin American index declined 0.9% to 202.76, while the emerging-markets index dropped 0.7% to 402.95.

Novonix Ltd., based in Australia, posted the largest decline, tumbling 15% to $1.16, followed by shares of China's Highest Performances Holdings Inc., which tumbled 14% to $3.40. Shares of Brazil-based Azul S.A. plunged 13% to 46 cents.

Japan's MEDIROM Healthcare Technologies Inc. was the biggest leader during the session, rocketing 37% to $1.78, and China-based WeRide Inc. rocketed 21% to $10.26. Niu Technologies, which is based in China, rounded out the top three leaders on Wednesday, with shares surging 16% to $3.73.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 21, 2025 16:30 ET (20:30 GMT)

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