ADRs End Mostly Lower, Azul S.A., Adidas Trade Actively

By Sabela Ojea

International stocks trading in New York closed mostly lower on Friday.

The S&P/BNY Mellon index of American depositary receipts fell 0.3% to 153.07. The European index climbed 0.2% to 146.69, the Asian index declined 1.3% to 181.59, the Latin American index increased 0.6% to 187.67, and the emerging markets index dropped 1.5% to 301.44.

ADRs of Azul S.A. on Friday fell 5.9% on its first trading day following a blank-check company merger. AMCI Acquisition Corp. II combined with carbon capture business LanzaTech NZ Inc.

ADRs of Adidas AG fell 0.7% after the German sportswear company warned that it could post a loss in 2023 if it fails to sell its inventory of Yeezy shoes, made within a partnership with Kanye West that was recently terminated.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

February 10, 2023 18:30 ET (23:30 GMT)

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