Markets

Anheuser-Busch InBev S.A. ADR falls Wednesday, underperforms market

1 Mins read

The Anheuser-Busch InBev S.A. ADR
BUD,
-1.41%
slid 1.41% to $53.26 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
SPX,
-1.34%
falling 1.34% to 4,314.60 and Dow Jones Industrial Average
DJIA,
-0.98%
falling 0.98% to 33,665.08.

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

Anheuser-Busch InBev S.A. ADR closed $13.83 below its 52-week high ($67.09), which the company reached on March 31st.

The ADR demonstrated a mixed performance when compared to some of its competitors Wednesday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
-0.15%
fell 0.15% to $13.75, San Miguel Corp.
SMGBF,
+4.63%
rose 4.63% to $1.90, and Compania Cervecerias Unidas S.A. ADR
CCU,
-2.67%
fell 2.67% to $11.28.


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

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