DJ Anheuser-Busch InBev S.A. ADR Underperforms Wednesday When Compared To Competitors
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ slipped 1.53% to $55.20 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
This was the ADR's second consecutive day of losses.
Anheuser-Busch InBev S.A. ADR closed $12.29 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 Wednesday, as Kirin Holdings Co. Ltd. ADR $(KNBWY)$ fell 0.59% to $13.54, San Miguel Corp. (SMGBF) rose 7.28% to $1.62, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 0.18% to $10.94.
Trading volume (2.2 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:32 ET (21:32 GMT)
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