Anheuser-Busch InBev S.A. ADR Underperforms Monday When Compared To Competitors

Dow Jones03-19

DJ Anheuser-Busch InBev S.A. ADR Underperforms Monday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Anheuser-Busch InBev S.A. ADR $(BUD)$ shed 1.22% to $60.06 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.63% to 5,149.42 and the Dow Jones Industrial Average rising 0.20% to 38,790.43.

This was the ADR's third consecutive day of losses.

Anheuser-Busch InBev S.A. ADR closed $7.03 below its 52-week high ($67.09), which the company reached on March 31st.

The ADR demonstrated a mixed performance when compared to some of its competitors Monday, as Kirin Holdings Co. Ltd. ADR (KNBWY) rose 0.07% to $14.00, San Miguel Corp. (SMGBF) fell 5.31% to $1.74, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ fell 0.42% to $11.98.

Trading volume (4.8 M) eclipsed its 50-day average volume of 2.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled March 18, 2024.

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March 18, 2024 16:33 ET (20:33 GMT)

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