DJ Anheuser-Busch InBev S.A. ADR Rises Friday, Outperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ rallied 1.43% to $58.74 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.56% to 37,986.40 and the S&P 500 Index falling 0.88% to 4,967.23.
This was the ADR's third consecutive day of gains.
Anheuser-Busch InBev S.A. ADR closed $7.82 below its 52-week high ($66.56), which the company reached on April 26th.
The ADR outperformed some of its competitors Friday, as Kirin Holdings Co. Ltd. ADR (KNBWY) rose 0.91% to $14.37, San Miguel Corp. (SMGBF) fell 0.55% to $1.80, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 0.34% to $11.93.
Trading volume (1.4 M) remained 934,396 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 19, 2024.
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(END) Dow Jones Newswires
April 19, 2024 16:33 ET (20:33 GMT)
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