DJ Anheuser-Busch InBev S.A. ADR Rises Tuesday, Still Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ inched 0.32% higher to $63.29 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.12% to 5,175.27 and the Dow Jones Industrial Average rising 0.61% to 39,005.49.
This was the ADR's sixth consecutive day of gains.
Anheuser-Busch InBev S.A. ADR closed $3.80 short of its 52-week high ($67.09), which the company achieved on March 31st.
The ADR outperformed some of its competitors Tuesday, as Kirin Holdings Co. Ltd. ADR (KNBWY) rose 0.07% to $13.85, San Miguel Corp. (SMGBF) fell 5.31% to $1.74, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ fell 0.42% to $11.83.
Trading volume (774,190) remained 1.0 million below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 12, 2024.
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(END) Dow Jones Newswires
March 12, 2024 16:33 ET (20:33 GMT)
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