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Indebta > Markets > Anheuser-Busch InBev S.A. ADR falls Tuesday, still outperforms market
Markets

Anheuser-Busch InBev S.A. ADR falls Tuesday, still outperforms market

News Room
Last updated: 2023/05/24 at 5:03 AM
By News Room
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The Anheuser-Busch InBev S.A. ADR
BUD,
-0.15%
slid 0.15% to $58.74 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-1.12%
falling 1.12% to 4,145.58 and Dow Jones Industrial Average
DJIA,
-0.69%
falling 0.69% to 33,055.51.

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

Anheuser-Busch InBev S.A. ADR closed $8.35 short of its 52-week high ($67.09), which the company reached on March 31st.

Despite its losses, the ADR outperformed some of its competitors Tuesday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
-2.25%
fell 2.25% to $15.63, San Miguel Corp.
SMGBF,
-2.12%
fell 2.12% to $1.85, and Compania Cervecerias Unidas S.A. ADR
CCU,
-1.51%
fell 1.51% to $16.35.

Trading volume (2.5 M) eclipsed 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 24, 2023 May 24, 2023
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