DJ Anheuser-Busch InBev S.A. ADR Falls Tuesday, Underperforms Market
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ slid 1.56% to $49.21 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.92% to 6,067.70 and the Dow Jones Industrial Average rising 0.31% to 44,850.35.
The ADR's fall snapped a three-day winning streak.
Anheuser-Busch InBev S.A. ADR closed 27.09% below its 52-week high of $67.49, which the company reached on May 17th.
The ADR demonstrated a mixed performance when compared to some of its competitors Tuesday, as Kirin Holdings Co. Ltd. ADR $(KNBWY)$ rose 0.31% to $12.79, San Miguel Corp. (SMGBF) fell 19.61% to $1.23, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ fell 0.08% to $11.86.
Trading volume (1.8 M) remained 754,071 below its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 28, 2025.
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(END) Dow Jones Newswires
January 28, 2025 17:26 ET (22:26 GMT)
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