DJ Anheuser-Busch InBev S.A. ADR Falls Wednesday, Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ slid 0.77% to $60.24 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.11% to 5,211.49 and the Dow Jones Industrial Average falling 0.11% to 39,127.14.
This was the ADR's second consecutive day of losses.
Anheuser-Busch InBev S.A. ADR closed $6.77 below its 52-week high ($67.01), which the company reached on April 5th.
The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Kirin Holdings Co. Ltd. ADR (KNBWY) rose 0.36% to $13.81, San Miguel Corp. (SMGBF) fell 13.86% to $1.74, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 2.88% to $12.14.
Trading volume (1.8 M) remained 574,609 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 3, 2024.
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(END) Dow Jones Newswires
April 03, 2024 16:33 ET (20:33 GMT)
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