DJ Infosys Ltd. ADR Falls Thursday, Still Outperforms Market
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The Infosys Ltd. ADR $(INFY)$ shed 1.14% to $18.29 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.39% to 5,521.52 and Dow Jones Industrial Average falling 1.30% to 40,813.57.
This was the ADR's fourth consecutive day of losses.
Infosys Ltd. ADR closed 22.60% below its 52-week high of $23.63, which the company achieved on December 13th.
Despite its losses, the ADR outperformed some of its competitors Thursday, as Accenture PLC Cl A $(ACN)$ fell 2.24% to $317.07, Oracle Corp. $(ORCL)$ fell 2.14% to $147.66, and HP Inc. $(HPQ)$ fell 1.97% to $27.91.
Trading volume (10.9 M) eclipsed its 50-day average volume of 10.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2025.
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(END) Dow Jones Newswires
March 13, 2025 17:28 ET (21:28 GMT)
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