Markets

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

1 Mins read

The Anheuser-Busch InBev S.A. ADR
BUD,
-0.40%
shed 0.40% to $59.61 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+1.56%
rising 1.56% to 4,415.24 and the Dow Jones Industrial Average
DJIA,
+1.15%
rising 1.15% to 34,283.10.

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

Anheuser-Busch InBev S.A. ADR closed $7.48 short of its 52-week high ($67.09), which the company reached on March 31st.

The ADR demonstrated a mixed performance when compared to some of its competitors Friday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
+1.88%
rose 1.88% to $14.66, San Miguel Corp.
SMGBF,
+4.63%
rose 4.63% to $1.90, and Compania Cervecerias Unidas S.A. ADR
CCU,
-0.51%
fell 0.51% to $11.74.


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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