DJ Molson Coors Beverage Co. Cl B Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Molson Coors Beverage Co. Cl B $(TAP)$ rose 1.44% to $61.20 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 43,461.21 and the S&P 500 Index falling 0.50% to 5,983.25.
Molson Coors Beverage Co. Cl B closed 11.54% below its 52-week high of $69.18, which the company achieved on April 9th.
The stock underperformed when compared to some of its competitors Monday, as Constellation Brands Inc. Cl A $(STZ)$ rose 1.70% to $178.97, Brown-Forman Corp. Cl A $(BF.A)$ rose 1.70% to $32.83, and Brown-Forman Corp. Cl B $(BF.B)$ rose 2.37% to $32.82.
Trading volume (2.3 M) eclipsed its 50-day average volume of 1.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2025.
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(END) Dow Jones Newswires
February 24, 2025 17:19 ET (22:19 GMT)
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