An abrupt and outsized rally in Infosys Ltd’s American Depositary Receipts during early US trading on December 19 has been linked to technical distortions in market data and automated trading activity ...
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IT stocks in focus: Infosys ADR drops up to 5% after Accenture cuts full-year revenue guidance
IT Stocks in focus: Accenture has narrowed its full-year fiscal 2026 revenue growth guidance to 3-4 per cent in local currency, down from the earlier range of 3-5 per cent.
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Trading of American depositary receipts rose 6.8% in volume terms in 2002 to 28 billion shares, according to New Yorkbased Citibank Depositary Receipt Services. Overall trading volume continued to ...
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