DJ Anheuser-Busch InBev S.A. ADR Outperforms Market On Strong Trading Day
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ rallied 1.28% to $59.49 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
This was the ADR's fourth consecutive day of gains.
Anheuser-Busch InBev S.A. ADR closed $7.07 below its 52-week high ($66.56), which the company achieved on April 26th.
The ADR demonstrated a mixed performance when compared to some of its competitors Monday, as Kirin Holdings Co. Ltd. ADR (KNBWY) rose 2.09% to $14.67, San Miguel Corp. (SMGBF) fell 0.55% to $1.80, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 0.59% to $12.00.
Trading volume (2.9 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
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(END) Dow Jones Newswires
April 22, 2024 16:33 ET (20:33 GMT)
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