News

Anheuser-Busch InBev S.A. ADR Sees Another Day of Gains

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4.7

Andrew R. Michaud

• October 11, 2023

The stock market had a positive trading session on Wednesday, and Anheuser-Busch InBev S.A. ADR (BUD) made a notable gain of 1.70%, closing at $54.55. This marks the ADR's second consecutive day of gains. The S&P 500 Index (SPX) also saw a rise of 0.43% to 4,376.95, while the Dow Jones Industrial Average (DJIA) increased by 0.19% to close at 33,804.87.

Strong Performance for ADR

Although Anheuser-Busch InBev S.A. ADR closed $12.54 below its 52-week high of $67.09, which it achieved on March 31st, the recent performance has been promising.

Comparison with Competitors

When comparing Anheuser-Busch InBev S.A. ADR with some of its competitors, we observe mixed results. Kirin Holdings Co. Ltd. ADR (KNBWY) recorded a gain of 0.46% to $14.10, San Miguel Corp. (SMGBF) rose by 4.63% to $1.90, while Compania Cervecerias Unidas S.A. ADR (CCU) experienced a slight decline of 0.08% to $12.06.

Trading Volume and Moving Average

The trading volume for Anheuser-Busch InBev S.A. ADR stood at 2.1 million, which is 30,601 below its 50-day average volume.