An ADR is buying a share of a foreign company from a US bank. You don't hold a "real" share where the company is actually listed, but a kind of surrogate on a local exchange.
Traders like ADRs because they have higher volume. Look at the daily volume of trades, there is more liquidity.
An ADR is buying a share of a foreign company from a US bank. You don't hold a "real" share where the company is actually listed, but a kind of surrogate on a local exchange.
Traders like ADRs because they have higher volume. Look at the daily volume of trades, there is more liquidity.