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 0.81% higher to $60.84 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.86% to 5,248.49 and the Dow Jones Industrial Average rising 1.22% to 39,760.08.
This was the ADR's fourth consecutive day of gains.
Anheuser-Busch InBev S.A. ADR closed $6.25 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 Wednesday, as Kirin Holdings Co. Ltd. ADR (KNBWY) rose 0.72% to $13.93, San Miguel Corp. (SMGBF) rose 18.13% to $2.02, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 0.25% to $11.84.
Trading volume (1.7 M) remained 555,620 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2024.
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(END) Dow Jones Newswires
March 27, 2024 16:33 ET (20:33 GMT)
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