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 1.10% to $52.38 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
This was the ADR's second consecutive day of losses.
Anheuser-Busch InBev S.A. ADR closed $15.11 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 Wednesday, as Kirin Holdings Co. Ltd. ADR $(KNBWY)$ rose 0.29% to $13.95, San Miguel Corp. (SMGBF) fell 6.79% to $1.51, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 0.86% to $11.73.
Trading volume (2.9 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 16:32 ET (21:32 GMT)
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