Markets

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

1 Mins read

The Anheuser-Busch InBev S.A. ADR
BUD,
+0.89%
inched 0.89% higher to $59.85 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-0.81%
falling 0.81% to 4,347.35 and Dow Jones Industrial Average
DJIA,
-0.65%
falling 0.65% to 33,891.94.

This was the ADR’s third consecutive day of gains.

Anheuser-Busch InBev S.A. ADR closed $7.24 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,
-0.07%
fell 0.07% to $14.39, San Miguel Corp.
SMGBF,
+4.63%
rose 4.63% to $1.90, and Compania Cervecerias Unidas S.A. ADR
CCU,
-2.48%
fell 2.48% to $11.80.

Trading volume (2.8 M) eclipsed its 50-day average volume of 2.2 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

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