Anheuser-Busch InBev S.A. ADR Falls Monday, Underperforms Market

Dow Jones06-04

DJ Anheuser-Busch InBev S.A. ADR Falls Monday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Anheuser-Busch InBev S.A. ADR $(BUD)$ slumped 0.67% to $62.65 Monday, 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 5,283.40 and the Dow Jones Industrial Average falling 0.30% to 38,571.03.

The ADR's fall snapped a two-day winning streak.

Anheuser-Busch InBev S.A. ADR closed $4.84 below its 52-week high ($67.49), which the company achieved on May 17th.

The ADR underperformed when compared to some of its competitors Monday, as Kirin Holdings Co. Ltd. ADR (KNBWY) rose 1.82% to $14.02, San Miguel Corp. (SMGBF) remained unchanged, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 0.48% to $12.57.

Trading volume (1.2 M) remained 612,142 below its 50-day average volume of 1.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 3, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

June 03, 2024 16:33 ET (20:33 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment