DJ Anheuser-Busch InBev S.A. ADR Falls Monday, Underperforms Market
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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.
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(END) Dow Jones Newswires
June 03, 2024 16:33 ET (20:33 GMT)
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