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Indebta > Markets > Anheuser-Busch InBev S.A. ADR falls Friday, underperforms market
Markets

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

News Room
Last updated: 2023/05/13 at 4:06 AM
By News Room
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The Anheuser-Busch InBev S.A. ADR
BUD,
-0.62%
dropped 0.62% to $61.05 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.16%
falling 0.16% to 4,124.08 and Dow Jones Industrial Average
DJIA,
-0.03%
falling 0.03% to 33,300.62.

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

Anheuser-Busch InBev S.A. ADR closed $6.04 below its 52-week high ($67.09), which the company achieved on March 31st.

The ADR underperformed when compared to some of its competitors Friday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
+3.23%
rose 3.23% to $16.00, San Miguel Corp.
SMGBF,

remained unchanged, and Compania Cervecerias Unidas S.A. ADR
CCU,
-0.12%
fell 0.12% to $16.96.

Trading volume (1.8 M) remained 486,144 below its 50-day average volume of 2.3 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

News Room May 13, 2023 May 13, 2023
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