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

1 min read
59 views

The Anheuser-Busch InBev S.A. ADR
BUD,
+0.03%
sank 0.03% to $62.70 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.29%
rising 0.88% to 4,780.94 and the Dow Jones Industrial Average
DJIA,
-0.25%
rising 0.54% to 37,468.61.

This was the ADR’s fifth consecutive day of losses.

Anheuser-Busch InBev S.A. ADR closed $4.39 short of its 52-week high ($67.09), which the company achieved on March 31st.

The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
+0.42%
fell 0.63% to $14.11, San Miguel Corp.
SMGBF,
+9.07%
rose 9.07% to $2.23, and Compania Cervecerias Unidas S.A. ADR
CCU,
+2.80%
remained unchanged.

Trading volume (1.2 M) remained 330,457 below its 50-day average volume of 1.5 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

Leave a Reply

Your email address will not be published.

Previous Story

Electrovaya Warns of Delay in Full-Year Financial Statements

Next Story

Biden administration planning action to stop hostile foreign governments exploiting American’s personal data

Latest from Markets