Infosys ADR Surge: Glitch, Not News, Caused 50% Spike, Says Chronicle Journal

• Infosys ADRs surged nearly 50% on December 19, 2025, at the start of US trading, reaching $27 from $19.18.
• The Chronicle Journal attributes the spike to a data-feed glitch and ticker-mapping error, confusing automated trading systems.
• This technical issue triggered a self-reinforcing buying loop in a low-volume counter, leading to LULD volatility halts on NYSE.
• The surge was deemed technical, not fundamental, as Infosys's India-listed shares showed no similar reaction.
• Trading of Infosys ADRs was halted on December 19 after the over 38% surge, with prices later falling sharply.

Why It Matters: Infosys ADR's sudden 50% surge was likely a data-feed glitch, not fundamental news, causing trading halts.