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" ... Once upon a time Bill Clinton and Bill Gates and George Bush and Barrack Obama tried to get US schools to adopt some national-level standards. They were called the Common Core, and instead of the means of paving the way for Superman, they turned out to be kryptonite. Some Republican hopefuls thought they would be a useful political platform, and were shocked when the folks on the right had a major conniption. Some Democrats were also shocked to discover that many fans of public education and the teaching profession were also not terribly fond of the Common Core. ... "
" ... That is. What happened is that the market had a conniption fit. The ADR is made up of some number of the Indian issue stock, packed so as to meet US financial reporting standards, SEC regulations and so on. Which leads to an obvious question, if the number of shares has just doubled does each ADR represent the same number of new shares as it did old--in which case it should indeed halve in value--or does it represent the number of old shares plus the bonus issue, in which case the price should be roughly static? Someone, somewhere, in the market decided that it was going to be the former. This is obviously not going to be the case, no issuer is going to do that and pretty much no exchange would ever allow them to do so either. Thus the price recovery as everyone realised this. ... "
" ... Weist, who looks barely a day older than the boys he manages, boasts that he's the only one in the business who can get them to where they want to be, and he seems to relish playing the role of the irate manager always on the verge of a conniption fit. His clients, meanwhile, appear torn between their dream of being idolized by throngs of teenage girls and just being teenagers themselves. They get bored, sleep 'til noon and bemoan the demands of their job, which in addition to posting selfies involves going on "tours," where they dance around on stages spraying silly string and doing back flips, and then pose for even more selfies with their fans. ... "