DJ Anheuser-Busch InBev S.A. ADR Falls Wednesday, Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ slipped 2.65% to $57.27 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
Anheuser-Busch InBev S.A. ADR closed $10.22 short of its 52-week high ($67.49), which the company achieved on May 17th.
The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Kirin Holdings Co. Ltd. ADR $(KNBWY)$ fell 3.50% to $14.33, San Miguel Corp. (SMGBF) rose 9.42% to $1.51, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ fell 0.72% to $11.00.
Trading volume (3.5 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 16:32 ET (21:32 GMT)
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