American Depository Receipts (ADRs) are certificates that trade in the United States and represent a specific number of shares of stock in a non-U.S. company.

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ADRs are indeed certificates traded in the United States that represent a specific number of shares of stock in a non-U.S. company. They provide U.S. investors with an opportunity to invest in foreign companies without having to go through the complexities of investing directly in foreign stock markets. ADRs are denominated in U.S. dollars and can be bought and sold on U.S. stock exchanges just like any other stock.

American Depository Receipts (ADRs) Are Certificates That Trade in the United