Markets

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

The Anheuser-Busch InBev S.A. ADR
BUD,
-2.49%
shed 2.49% to $56.76 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-0.47%
falling 0.47% to 4,388.71 and Dow Jones Industrial Average
DJIA,
-0.72%
falling 0.72% to 34,053.87.

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

Anheuser-Busch InBev S.A. ADR closed $10.33 short of its 52-week high ($67.09), which the company reached on March 31st.

The ADR underperformed when compared to some of its competitors Tuesday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
+0.46%
rose 0.46% to $15.31, San Miguel Corp.
SMGBF,
-2.12%
fell 2.12% to $1.85, and Compania Cervecerias Unidas S.A. ADR
CCU,
-1.01%
fell 1.01% to $15.76.

Trading volume (2.1 M) remained 850,934 below its 50-day average volume of 2.9 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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