Markets

Anheuser-Busch InBev S.A. ADR falls Tuesday, still outperforms market

The Anheuser-Busch InBev S.A. ADR
BUD,
-0.15%
slid 0.15% to $58.74 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-1.12%
falling 1.12% to 4,145.58 and Dow Jones Industrial Average
DJIA,
-0.69%
falling 0.69% to 33,055.51.

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

Anheuser-Busch InBev S.A. ADR closed $8.35 short of its 52-week high ($67.09), which the company reached on March 31st.

Despite its losses, the ADR outperformed some of its competitors Tuesday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
-2.25%
fell 2.25% to $15.63, San Miguel Corp.
SMGBF,
-2.12%
fell 2.12% to $1.85, and Compania Cervecerias Unidas S.A. ADR
CCU,
-1.51%
fell 1.51% to $16.35.

Trading volume (2.5 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.

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This article was written by Follow I’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared...

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