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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.

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