The stock of Anheuser-Busch InBev S.A. (BUD) experienced a decline of 1.62% on Wednesday, reaching a closing price of $53.38. This drop occurred in a trading session that was characterized by mixed performance across the stock market. While the S&P 500 Index (SPX) rose by 0.02% to 4,274.51, the Dow Jones Industrial Average (DJIA) fell by 0.20% to 33,550.27.
Seventh Consecutive Day of Losses
For Anheuser-Busch InBev S.A. ADR, this marked the seventh consecutive day of losses. The company closed $13.71 below its 52-week high of $67.09, which was achieved on March 31st.
Comparing Performance to Competitors
When looking at its competitors' performance on Wednesday, Anheuser-Busch InBev ADR displayed a mixed performance. Kirin Holdings Co. Ltd. ADR (KNBWY) fell by 0.14% to $14.25, San Miguel Corp. (SMGBF) experienced a decline of 1.84% to $1.82, and Compania Cervecerias Unidas S.A. ADR (CCU) fell by 0.08% to $12.53.
Lower Trading Volume
The trading volume for Anheuser-Busch InBev ADR was 1.5 million shares, which is 486,940 shares below its 50-day average volume of 2.0 million shares.
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