Markets

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

1 Mins read

The Anheuser-Busch InBev S.A. ADR
BUD,
-0.05%
slid 0.05% to $58.88 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.18%
rising 0.18% to 4,365.98 and the Dow Jones Industrial Average
DJIA,
+0.10%
rising 0.10% to 34,095.86.

The ADR’s fall snapped a two-day winning streak.

Anheuser-Busch InBev S.A. ADR closed $8.21 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 Monday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
+0.14%
rose 0.14% to $14.67, San Miguel Corp.
SMGBF,
+4.63%
rose 4.63% to $1.90, and Compania Cervecerias Unidas S.A. ADR
CCU,
-0.76%
fell 0.76% to $11.73.


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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