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 $(TAP)$ advanced 1.70% to $62.91 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.70% to 5,614.56 and Dow Jones Industrial Average falling 2.08% to 41,911.71.
This was the stock's third consecutive day of gains.
Molson Coors Beverage Co. Cl B closed 9.06% below its 52-week high of $69.18, which the company reached on April 9th.
The stock underperformed when compared to some of its competitors Monday, as Constellation Brands Inc. Cl A $(STZ)$ rose 1.73% to $189.47, Brown-Forman Corp. Cl A $(BF.A)$ rose 1.89% to $37.28, and Brown-Forman Corp. Cl B $(BF.B)$ rose 2.79% to $37.96.
Trading volume (3.4 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2025.
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(END) Dow Jones Newswires
March 10, 2025 17:18 ET (21:18 GMT)
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