On Wednesday, the stock market experienced a disappointing trading session, with the S&P 500 Index falling 1.61% to 4,845.65 and the Dow Jones Industrial Average dropping 0.82% to 38,150.30. Amidst this downturn, shares of Anheuser-Busch InBev S.A. ADR (BUD) took a hit, declining 1.12% to $61.74.
Breaking a Winning Streak
The drop in Anheuser-Busch InBev's ADR marks an end to its two-day winning streak. Despite this setback, it is worth noting that the company recently achieved a 52-week high of $67.09 on March 31st.
A Mixed Performance against Competitors
When compared to some of its competitors, Anheuser-Busch InBev's ADR had a mixed performance on Wednesday:
- Kirin Holdings Co. Ltd. ADR (KNBWY) saw a rise of 0.56% to $14.29.
- San Miguel Corp. (SMGBF) experienced a significant decline of 12.58% to $1.95.
- Compania Cervecerias Unidas S.A. ADR (CCU) also fell by 0.75% to $11.91.
Trading Volume and Market Data
The trading volume for Anheuser-Busch InBev's ADR on Wednesday reached 1.4 million shares, surpassing its 50-day average volume of 1.4 million shares.
PREVIOUS POST
Proposed Changes to Bank Accounts for College Students
NEXT POST
