ADRs End Lower; UCloudlink Group Inc. Declines 16%

Dow Jones
Aug 06

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 0.2% to 272.33.

The European index declined 0.3% to 241.56. The Asian index fell 0.2% to 362.72. The Latin American index fell 0.3% to 275.61, while the emerging-markets index dropped 0.7% to 601.97.

uCloudlink Group Inc., based in Hong Kong, posted the largest decline, tumbling 16% to 72 cents, followed by shares of Israel's Steakholder Foods Ltd., which plunged 11% to $2.57. Shares of Hong Kong-based Studio City International Holdings Ltd. declined 9.6% to $1.70.

China's YXT.COM Group Holding Ltd. was the biggest leader during the session, rocketing 801% to $23.43, and China-based Jianzhi Education Technology Group Co. Ltd. rocketed 22% to $2.81. Jiayin Group Inc., which is based in China, rounded out the top three leaders on Wednesday, with shares jumping 17% to $2.77.

Data source: Dow Jones Market Data, FactSet

 

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