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Results tagged with adr
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user 24198
An American Depositary Receipt (ADR) is a financial instrument that is used to represent one or more shares of stock in a foreign company.
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How is the value of the RYCEY ADR tied to its underlying stock RR (LSE)
The ADR ratio is listed as 1:1, however if I look up RYCEY and RR:LON there seems to be a 100:1 ratio. What am I missing? … What mechanism is supposed to make the ADR track the underlying stock? …
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