Anheuser-Busch InBev S.A. ADR rises Wednesday, still underperforms market

The Anheuser-Busch InBev S.A. ADR
BUD,
+0.04%
inched 0.04% higher to $53.00 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.81%
rising 0.81% to 4,263.75 and the Dow Jones Industrial Average
DJIA,
+0.39%
rising 0.39% to 33,129.55.

The ADR’s rise snapped a two-day losing streak.

Anheuser-Busch InBev S.A. ADR closed $14.09 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 Wednesday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
-1.07%
fell 1.07% to $13.92, San Miguel Corp.
SMGBF,
-1.84%
fell 1.84% to $1.82, and Compania Cervecerias Unidas S.A. ADR
CCU,
+1.61%
rose 1.61% to $12.01.

Trading volume (1.9 M) remained 88,908 below its 50-day average volume of 2.0 M.


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