DJ Anheuser-Busch InBev S.A. ADR Falls Thursday, Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ shed 0.53% to $59.94 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.46% to 5,048.42 and Dow Jones Industrial Average falling 0.98% to 38,085.80.
The ADR's fall snapped a six-day winning streak.
Anheuser-Busch InBev S.A. ADR closed $6.38 short of its 52-week high ($66.32), which the company achieved on May 4th.
The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Kirin Holdings Co. Ltd. ADR (KNBWY) rose 0.34% to $14.65, San Miguel Corp. (SMGBF) fell 0.55% to $1.80, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 0.75% to $12.03.
Trading volume (1.3 M) remained 962,720 below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 25, 2024.
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(END) Dow Jones Newswires
April 25, 2024 16:33 ET (20:33 GMT)
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