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Home » Anheuser-Busch InBev S.A. ADR falls Wednesday, underperforms market
Markets

Anheuser-Busch InBev S.A. ADR falls Wednesday, underperforms market

Press RoomBy Press RoomMay 18, 2023
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The Anheuser-Busch InBev S.A. ADR
BUD,
-1.56%
shed 1.56% to $58.76 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
+1.19%
rising 1.19% to 4,158.77 and the Dow Jones Industrial Average
DJIA,
+1.24%
rising 1.24% to 33,420.77.

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

Anheuser-Busch InBev S.A. ADR closed $8.33 short of its 52-week high ($67.09), which the company reached on March 31st.

The ADR underperformed when compared to some of its competitors Wednesday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
-0.25%
fell 0.25% to $15.86, San Miguel Corp.
SMGBF,

remained unchanged, and Compania Cervecerias Unidas S.A. ADR
CCU,
+0.84%
rose 0.84% to $16.78.

Trading volume (3.0 M) eclipsed its 50-day average volume of 2.3 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.

Read the full article here

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