European companies that list at home outperform peers who choose the U.S., according to a report that challenges the assumption that heading across the Atlantic generates better valuations. Over the past 10 years, European companies that listed in the U.S. have had a worse stock-market performance than their Europe-listed peers, according to research by financial data company Mergermarket. “There definitely was a common assumption built in over the last few years that U.S. listing would automatically unlock a valuation premium. Data is exposing that to be a myth for a lot of companies,” said Brent Sanders, a U.S. securities specialist…