Markets

Anheuser-Busch InBev S.A. ADR outperforms competitors on strong trading day

The Anheuser-Busch InBev S.A. ADR
BUD,
+2.04%
rose 2.04% to $57.89 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.37%
rising 0.37% to 4,381.89 and the Dow Jones Industrial Average
DJIA,
-0.01%
falling 0.01% to 33,946.71.

The ADR’s rise snapped a three-day losing streak.

Anheuser-Busch InBev S.A. ADR closed $9.20 short of its 52-week high ($67.09), which the company achieved on March 31st.

The ADR demonstrated a mixed performance when compared to some of its competitors Thursday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
-0.20%
fell 0.20% to $15.26, San Miguel Corp.
SMGBF,
+6.49%
rose 6.49% to $1.97, and Compania Cervecerias Unidas S.A. ADR
CCU,
+1.33%
rose 1.33% to $16.00.

Trading volume (2.0 M) remained 858,871 below its 50-day average volume of 2.8 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

Leave a Reply

Your email address will not be published.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

You May Also Like

News

This article was written by Follow Financial journalist. Passed CFA Level 1. Seeking value and dividend growth opportunities, and sharing what I find on...

Videos

Watch full video on YouTube

Copyright © 2023 Repay Down. All Rights Reserved.

Exit mobile version