Trading Basics
ADR
American Depositary Receipts or ADRs. These are shares of foreign companies listed on exchanges in the USA in dollars.
They allow US investors to get access to overseas shares without the hassle of having to exchange currency, open brokerage accounts overseas and so on.
Other Trading Basics
Corporate Action
An event that requires approval or notification of the shareholders of a business.
Acquisition
When the majority of shares changes hands in a company.
This is typically when one company buys another.
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