DJ Anheuser-Busch InBev S.A. ADR Falls Wednesday, Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ shed 1.30% to $53.17 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.49 and the Dow Jones Industrial Average rising 0.69% to 45,014.04.
This was the ADR's second consecutive day of losses.
Anheuser-Busch InBev S.A. ADR closed $14.32 below 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 1.05% to $14.18, San Miguel Corp. (SMGBF) rose 7.28% to $1.62, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ fell 0.52% to $11.45.
Trading volume (2.3 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 4, 2024.
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(END) Dow Jones Newswires
December 04, 2024 16:32 ET (21:32 GMT)
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