Anheuser-Busch InBev ADR Sees Minor Price Increase

Anheuser-Busch InBev S.A. ADR (BUD) experienced a slight increase of 0.04% on Thursday, closing at $53.28. This gain comes amidst a challenging trading session for the stock market as a whole, with the S&P 500 Index falling 0.85% to 4,278.00 and the Dow Jones Industrial Average dropping 0.75% to 33,414.17.

This positive movement for the ADR ends a two-day losing streak. However, it is worth noting that the stock closed $13.81 below its 52-week high of $67.09, which was reached on March 31st.

When comparing the performance of Anheuser-Busch InBev to some of its competitors on Thursday, it fell behind. Kirin Holdings Co. Ltd. ADR (KNBWY) rose 1.75% to $13.99, San Miguel Corp. (SMGBF) saw a significant increase of 4.63% to $1.90, and Compania Cervecerias Unidas S.A. ADR (CCU) experienced a modest rise of 0.27% to $11.31.

The trading volume for BUD on Thursday was 1.7 M, which is slightly lower than its 50-day average volume of 2.0 M.

Conclusion

Despite facing a challenging trading session, Anheuser-Busch InBev S.A. ADR (BUD) managed to increase by 0.04%. However, it still remains below its recent 52-week high. Compared to some of its competitors, BUD underperformed. The trading volume for the stock was slightly lower than its 50-day average.