DJ Anheuser-Busch InBev S.A. ADR Rises Friday, Still Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ inched 0.71% higher to $59.96 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.11% to 5,204.34 and the Dow Jones Industrial Average rising 0.80% to 38,904.04.
The ADR's rise snapped a three-day losing streak.
Anheuser-Busch InBev S.A. ADR closed $6.60 short of its 52-week high ($66.56), which the company reached on April 26th.
The ADR demonstrated a mixed performance when compared to some of its competitors Friday, as Kirin Holdings Co. Ltd. ADR (KNBWY) rose 1.45% to $13.96, San Miguel Corp. (SMGBF) rose 4.02% to $1.81, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ fell 0.49% to $12.22.
Data source: Dow Jones Market Data, FactSet. Data compiled April 5, 2024.
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(END) Dow Jones Newswires
April 05, 2024 16:33 ET (20:33 GMT)
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