Anheuser-Busch InBev S.A. ADR underperforms Wednesday when compared to competitors

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The Anheuser-Busch InBev S.A. ADR
BUD,
-0.92%
shed 2.09% to $62.35 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
-0.48%
rising 0.96% to 5,000.62 and the Dow Jones Industrial Average
DJIA,
-0.37%
rising 0.40% to 38,424.27.

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

Anheuser-Busch InBev S.A. ADR closed $4.74 below 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 Wednesday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
+0.57%
rose 0.07% to $14.40, San Miguel Corp.
SMGBF,
-5.40%
fell 12.58% to $1.95, and Compania Cervecerias Unidas S.A. ADR
CCU,
+1.36%
rose 1.55% to $11.78.

Trading volume (2.2 M) eclipsed its 50-day average volume of 1.6 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.

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