Xunlei appoints JPMorgan as successor depositary for ADR program
Change of Depositary: Xunlei has appointed JPMorgan Chase Bank as the new depositary for its American Depositary Receipt program, effective December 31, 2024.
No Action Required: Holders of Xunlei's ADRs do not need to take any action regarding this change, as an amended deposit agreement has been established.
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Daily Upgrade Report for Validea Motley Fool Strategy - August 22, 2025
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StealthGas Inc. (GASS): This water transportation company saw its rating increase from 41% to 72%, indicating improved fundamentals and valuation; it operates a fleet of LPG carriers and other petroleum transport vessels.
Xunlei Ltd (ADR) (XNET): A software and programming small-cap stock that improved its rating from 67% to 87%, focusing on distributed cloud services and digital media content management.
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Coty, Bilibili, Canadian Solar, and Other Major Stocks Decline in Thursday's Pre-Market Trading
U.S. Stock Futures: U.S. stock futures are down, with Dow futures dropping approximately 100 points on Thursday morning.
Coty Inc. Performance: Coty Inc. reported mixed fourth-quarter results, with revenue of $1.25 billion exceeding estimates but an adjusted loss of 5 cents per share falling short of expectations, causing shares to plummet 21.4% in pre-market trading.
Other Stocks Declining: Several other stocks also saw declines in pre-market trading, including Canadian Solar Inc. (-9.3%), Shineco, Inc. (-8.3%), and Rocket Pharmaceuticals, Inc. (-5.1%).
Market Trends: The overall market sentiment appears negative as multiple companies report disappointing earnings or guidance, leading to significant drops in their stock prices.
