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

By adminAugust 4, 2023 6:33 am EDT0 ViewsNo Comments

The Anheuser-Busch InBev S.A. ADR
BUD,
+1.33%
advanced 1.33% to $56.98 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.25%
falling 0.25% to 4,501.89 and Dow Jones Industrial Average
DJIA,
-0.19%
falling 0.19% to 35,215.89.

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

Anheuser-Busch InBev S.A. ADR closed $10.11 short of its 52-week high ($67.09), which the company achieved on March 31st.

The ADR outperformed some of its competitors Thursday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
-0.91%
fell 0.91% to $14.30, San Miguel Corp.
SMGBF,
+0.51%
rose 0.51% to $1.96, and Compania Cervecerias Unidas S.A. ADR
CCU,
-1.17%
fell 1.17% to $16.03.

Trading volume (4.2 M) eclipsed its 50-day average volume of 2.5 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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