DJ Anheuser-Busch InBev S.A. ADR Underperforms Monday When Compared To Competitors Despite Daily Gains
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ inched 0.44% higher to $56.50 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
Anheuser-Busch InBev S.A. ADR closed $10.99 short of 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 0.80% to $13.80, San Miguel Corp. (SMGBF) rose 7.28% to $1.62, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 1.76% to $11.01.
Trading volume (1.2 M) remained 187,059 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 16:32 ET (21:32 GMT)
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