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Home Markets

Anheuser-Busch InBev S.A. ADR underperforms Thursday when compared to competitors

News Room by News Room
May 26, 2023
in Markets
Reading Time: 1 min read
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The Anheuser-Busch InBev S.A. ADR
BUD,
-1.27%
slipped 1.27% to $56.87 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.88%
rising 0.88% to 4,151.28 and the Dow Jones Industrial Average
DJIA,
-0.11%
falling 0.11% to 32,764.65.

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

Anheuser-Busch InBev S.A. ADR closed $10.22 below its 52-week high ($67.09), which the company reached on March 31st.

The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
-1.03%
fell 1.03% to $15.30, San Miguel Corp.
SMGBF,
-2.12%
fell 2.12% to $1.85, and Compania Cervecerias Unidas S.A. ADR
CCU,
-1.55%
fell 1.55% to $15.89.

Trading volume (3.2 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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