Banco Bradesco (NYSE:BBD; BVMF:BBDC4) ADR Rises Even as Local Shares Drop on Real’s Strength
Banco Bradesco S.A. closed up in New York on Tuesday, while the stock fell in Brazil. The preferred ADR in the U.S. finished 0.55% higher. In São Paulo, the same class of share dropped 0.75%. That left a 1.30-point gap for the day, with currency moves making the main difference.