What are American Depositary Receipts (ADR)? Its Types, Advantages & Disadvantages.
American Depositary Receipts (ADRs) are certificates issued by U.S. banks that represent ownership in a foreign company’s stock. ADRs were created as a way for U.S. investors to invest in foreign companies without having to navigate the complexities of investing directly in foreign markets. When a foreign company wants to issue ADRs, it first selects … Read more