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3h agoInfosys ADR surge draws attention after sharp intraday spike on NYSE
Infosys ADRs witnessed extreme volatility during Friday’s US trading session, hitting a 52 week intraday high of $30 after surging more than 56 percent before cooling off. The ADR finally closed 5.68 percent higher at $20.27, with trading volumes jumping to over 3.5 million shares, far above the usual average. Market participants attributed the sharp move to technical factors rather than fundamentals, as no company-specific development was announced. The spike highlighted the impact of short-covering and thin liquidity in ADR trades.
neutral
3h agoInfosys ADR surge draws attention after sharp intraday spike on NYSE
Infosys ADRs witnessed extreme volatility during Friday’s US trading session, hitting a 52 week intraday high of $30 after surging more than 56 percent before cooling off. The ADR finally closed 5.68 percent higher at $20.27, with trading volumes jumping to over 3.5 million shares, far above the usual average. Market participants attributed the sharp move to technical factors rather than fundamentals, as no company-specific development was announced. The spike highlighted the impact of short-covering and thin liquidity in ADR trades.
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Infosys ADRs saw a sharp technical-driven surge on the NYSE, marked by unusually high volumes and intraday volatility before closing with modest gains.
Infosys ADRs witnessed extreme volatility during Friday’s US trading session, hitting a 52 week intraday high of $30 after surging more than 56 percent before cooling off. The ADR finally closed 5.68 percent higher at $20.27, with trading volumes jumping to over 3.5 million shares, far above the usual average. Market participants attributed the sharp move to technical factors rather than fundamentals, as no company-specific development was announced. The spike highlighted the impact of short-covering and thin liquidity in ADR trades.
Infosys ADRs witnessed extreme volatility during Friday’s US trading session, hitting a 52 week intraday high of $30 after surging more than 56 percent before cooling off. The ADR finally closed 5.68 percent higher at $20.27, with trading volumes jumping to over 3.5 million shares, far above the usual average. Market participants attributed the sharp move to technical factors rather than fundamentals, as no company-specific development was announced. The spike highlighted the impact of short-covering and thin liquidity in ADR trades.
Dec 20, 2025 • 05:30