DJ Anheuser-Busch InBev S.A. ADR Falls Tuesday, Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ slipped 2.02% to $53.93 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.57% to 6,021.63 and the Dow Jones Industrial Average rising 0.28% to 44,860.31.
The ADR's fall snapped a two-day winning streak.
Anheuser-Busch InBev S.A. ADR closed $13.56 below its 52-week high ($67.49), which the company reached on May 17th.
The ADR underperformed when compared to some of its competitors Tuesday, as Kirin Holdings Co. Ltd. ADR $(KNBWY)$ fell 0.22% to $13.65, San Miguel Corp. (SMGBF) rose 7.28% to $1.62, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 0.72% to $11.13.
Trading volume (2.2 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 26, 2024.
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(END) Dow Jones Newswires
November 26, 2024 16:33 ET (21:33 GMT)
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