Talk:American Depositary Receipt
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The price of an ADR corresponds to the price of the foreign stock in its home market, adjusted for the ratio of ADRs to foreign company shares.
This is technically not accurate. There is often a very close correlation, but ADRs trade on their own and occassionally are a good percentage off when adjusted.
I will be expanding this article as I am very familiar with ADRs, since I work with them, as long as I get no objection.
Skyler 19:05, Jul 28, 2004 (UTC)