INFY News Today: Infosys ADRs Surge to 52-Week High Amid Market Volat

Infosys Limited, a global leader in technology services, catapulted its American Depositary Receipts (ADRs) to a stunning 52-week high of $30 on December 20. This extraordinary 40% spike, witnessed on the NYSE, marks a significant moment for INFY. The surge, which led to a temporary trading halt due to extreme volatility, has captured market attention. This unexpected rise is linked to factors such as a potential short squeeze and reduced market liquidity during the holiday period.