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Home » Markets » Anheuser-Busch InBev S.A. ADR falls Thursday, underperforms market
Markets

Anheuser-Busch InBev S.A. ADR falls Thursday, underperforms market

Crypto Observer StaffBy Crypto Observer StaffDecember 29, 2023No Comments1 Min Read
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The Anheuser-Busch InBev S.A. ADR
BUD,
-0.28%
dropped 0.28% to $64.69 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.04%
rising 0.04% to 4,783.35 and the Dow Jones Industrial Average
DJIA,
+0.14%
rising 0.14% to 37,710.10.

The ADR’s fall snapped a four-day winning streak.

Anheuser-Busch InBev S.A. ADR closed $2.40 short of its 52-week high ($67.09), which the company reached on March 31st.

Despite its losses, the ADR outperformed some of its competitors Thursday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
-1.08%
fell 1.08% to $14.59, San Miguel Corp.
SMGBF,
-2.06%
fell 2.06% to $1.90, and Compania Cervecerias Unidas S.A. ADR
CCU,
-0.55%
fell 0.55% to $12.70.

Trading volume (1.1 M) remained 662,938 below its 50-day average volume of 1.7 M.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

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