DJ Infosys Ltd. ADR Falls Friday, Still Outperforms Market
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The Infosys Ltd. ADR $(INFY)$ dropped 0.35% to $22.70 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.54% to 5,827.04 and Dow Jones Industrial Average falling 1.63% to 41,938.45.
Infosys Ltd. ADR closed $0.93 below its 52-week high ($23.63), which the company achieved on December 13th.
Despite its losses, the ADR outperformed some of its competitors Friday, as Accenture PLC Cl A $(ACN)$ fell 2.22% to $349.79, Oracle Corp. $(ORCL)$ fell 5.06% to $154.50, and HP Inc. $(HPQ)$ fell 0.75% to $33.20.
Trading volume (7.4 M) eclipsed its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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January 10, 2025 17:33 ET (22:33 GMT)
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