DJ Anheuser-Busch InBev S.A. ADR Rises Wednesday, Still Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ inched 0.13% higher to $60.07 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.89% to 5,224.62 and the Dow Jones Industrial Average rising 1.03% to 39,512.13.
The ADR's rise snapped a four-day losing streak.
Anheuser-Busch InBev S.A. ADR closed $7.02 short of its 52-week high ($67.09), which the company achieved on March 31st.
The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Kirin Holdings Co. Ltd. ADR (KNBWY) fell 0.21% to $14.02, San Miguel Corp. (SMGBF) fell 5.31% to $1.74, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 0.33% to $12.04.
Trading volume (2.3 M) eclipsed its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2024.
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(END) Dow Jones Newswires
March 20, 2024 16:33 ET (20:33 GMT)
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