DJ Anheuser-Busch InBev S.A. ADR Rises Monday, Outperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ inched 0.28% higher to $53.06 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
The ADR's rise snapped a four-day losing streak.
Anheuser-Busch InBev S.A. ADR closed $14.43 short of its 52-week high ($67.49), which the company achieved on May 17th.
The ADR demonstrated a mixed performance when compared to some of its competitors Monday, as Kirin Holdings Co. Ltd. ADR $(KNBWY)$ fell 0.56% to $14.14, San Miguel Corp. (SMGBF) fell 6.79% to $1.51, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 1.66% to $11.64.
Trading volume (4.0 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 16:32 ET (21:32 GMT)
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