DJ Anheuser-Busch InBev S.A. ADR Falls Monday, Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ slid 0.37% to $57.07 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
This was the ADR's second consecutive day of losses.
Anheuser-Busch InBev S.A. ADR closed $10.42 short of its 52-week high ($67.49), which the company reached on May 17th.
The ADR demonstrated a mixed performance when compared to some of its competitors Monday, as Kirin Holdings Co. Ltd. ADR $(KNBWY)$ fell 1.34% to $14.04, San Miguel Corp. (SMGBF) rose 9.42% to $1.51, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ fell 2.25% to $10.88.
Trading volume (4.0 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 16:32 ET (21:32 GMT)
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