ADRs Close Lower; NIP Group Inc. Declines 41%

Dow Jones07-30

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 declined 1.1% to 262.52.

The European index declined 0.3% to 238.02. The Asian index fell 2.1% to 340.66. The Latin American index declined 0.9% to 273.32, while the emerging-markets index declined 2.6% to 559.38.

NIP Group Inc., based in Sweden, posted the largest decline, cratering 41% to $9.01, followed by shares of Israel's Steakholder Foods Ltd., which plummeted 25% to $2.71. Shares of Italy-based Genenta Science S.p.A. tumbled 17% to $1.30.

China's New Oriental Education & Technology Group Inc. was the biggest leader during the session, surging 15% to $58.58, and China-based XIAO-I Corp. surged 13% to $1.19. Teva Pharmaceutical Industries Ltd., which is based in Israel, rounded out the top three leaders on Wednesday, with shares gaining 9.6% to $34.71.

Data source: Dow Jones Market Data, FactSet

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