- Wednesday, October 16, 2024
The Anheuser-Busch InBev S.A. ADR (BUD) experienced a minor decline of 0.28%, closing at $56.02 on Wednesday. This dip occurred amidst a mixed trading session for the stock market, with the S&P 500 Index (SPX) showing a slight increase of 0.12% to reach 4,467.44, while the Dow Jones Industrial Average (DJIA) fell by 0.20% to 34,575.53.
Continuing its downward trend, this marks the second consecutive day of losses for the ADR.
Although the ADR fell short by $11.07 of its 52-week high ($67.09) achieved on March 31st, it remains a noteworthy competitor in its field.
When compared to other companies in the market, Anheuser-Busch InBev demonstrated mixed performance. Kirin Holdings Co. Ltd. ADR (KNBWY) experienced a 0.07% decline, closing at $14.17; San Miguel Corp. (SMGBF) fell by 1.84% to reach $1.82; and Compania Cervecerias Unidas S.A. ADR (CCU) saw a rise of 1.42% to close at $13.61.
Despite moderate trading volume of 1.9 million, which was slightly lower than its 50-day average volume of 2.0 million, the ADR remains an active player in the market.
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