DJ Anheuser-Busch InBev S.A. ADR Falls Friday, Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ slipped 0.52% to $53.80 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.56% to 6,032.38 and the Dow Jones Industrial Average rising 0.42% to 44,910.65.
Anheuser-Busch InBev S.A. ADR closed $13.69 short of its 52-week high ($67.49), which the company reached on May 17th.
The ADR underperformed when compared to some of its competitors Friday, as Kirin Holdings Co. Ltd. ADR $(KNBWY)$ rose 3.39% to $14.04, San Miguel Corp. (SMGBF) rose 7.28% to $1.62, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 1.24% to $11.46.
Trading volume (1.2 M) remained 336,252 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 29, 2024.
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(END) Dow Jones Newswires
November 29, 2024 16:32 ET (21:32 GMT)
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