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Indebta > Markets > Anheuser-Busch InBev S.A. ADR rises Thursday, still underperforms market
Markets

Anheuser-Busch InBev S.A. ADR rises Thursday, still underperforms market

News Room
Last updated: 2023/05/19 at 7:45 AM
By News Room
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The Anheuser-Busch InBev S.A. ADR
BUD,
+0.07%
inched 0.07% higher to $58.80 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.94%
rising 0.94% to 4,198.05 and the Dow Jones Industrial Average
DJIA,
+0.34%
rising 0.34% to 33,535.91.

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

Anheuser-Busch InBev S.A. ADR closed $8.29 below its 52-week high ($67.09), which the company reached on March 31st.

The ADR outperformed some of its competitors Thursday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
-1.64%
fell 1.64% to $15.60, San Miguel Corp.
SMGBF,

remained unchanged, and Compania Cervecerias Unidas S.A. ADR
CCU,
-1.49%
fell 1.49% to $16.53.

Trading volume (2.0 M) remained 272,098 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 19, 2023 May 19, 2023
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