Business · 8 September 2026

Wistron shares fall 6% after $1.47 billion stock sale for raw materials

Yu tptw via Wikimedia Commons (CC-BY-SA-4.0)

Taiwan's Wistron, a supplier to Nvidia, saw its shares drop more than 6% on Tuesday following the announcement of a large global stock sale. The company sold 25 million global depositary receipts, each for $58.88, which corresponded to approximately 250 million new common shares. Wistron expects the offering to be issued on Thursday, using the proceeds to buy raw materials in foreign currencies.

By BriefTea Editorial · 8 September 2026 at 7:28

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Why buy raw materials in foreign currency? Why do shares drop after a sale? What are global depositary receipts?

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