DJ Anheuser-Busch InBev S.A. ADR Outperforms Market On Strong Trading Day
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The Anheuser-Busch InBev S.A. ADR $(BUD)$ rallied 1.35% to $59.51 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.59% to 5,861.57 and Dow Jones Industrial Average falling 0.45% to 43,239.50.
This was the ADR's sixth consecutive day of gains.
Anheuser-Busch InBev S.A. ADR closed 11.82% short of its 52-week high of $67.49, which the company achieved on May 17th.
The ADR outperformed some of its competitors Thursday, as Kirin Holdings Co. Ltd. ADR $(KNBWY)$ fell 1.01% to $13.69, San Miguel Corp. (SMGBF) fell 7.41% to $1.50, and Compania Cervecerias Unidas S.A. ADR $(CCU)$ rose 0.58% to $13.88.
Trading volume (3.9 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2025.
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(END) Dow Jones Newswires
February 27, 2025 17:24 ET (22:24 GMT)
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