Connect with us

Hi, what are you looking for?

Markets

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

The Anheuser-Busch InBev S.A. ADR
BUD,
-0.93%
dropped 0.93% to $58.83 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.02%
rising 0.02% to 4,192.63 and the Dow Jones Industrial Average
DJIA,
-0.42%
falling 0.42% to 33,286.58.

The ADR’s fall snapped a two-day winning streak.

Anheuser-Busch InBev S.A. ADR closed $8.26 short of its 52-week high ($67.09), which the company achieved on March 31st.

The ADR underperformed when compared to some of its competitors Monday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
+2.11%
rose 2.11% to $15.99, San Miguel Corp.
SMGBF,

remained unchanged, and Compania Cervecerias Unidas S.A. ADR
CCU,
+0.85%
rose 0.85% to $16.60.

Trading volume (2.1 M) remained 177,001 below 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

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube