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

The Anheuser-Busch InBev S.A. ADR
BUD,
+0.04%
inched 0.04% higher to $56.22 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
SPX,
+0.14%
rising 0.14% to 4,457.49 and the Dow Jones Industrial Average
DJIA,
+0.22%
rising 0.22% to 34,576.59.

This was the ADR’s third consecutive day of gains.

Anheuser-Busch InBev S.A. ADR closed $10.87 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 Friday, as Kirin Holdings Co. Ltd. ADR
KNBWY,
+0.14%
rose 0.14% to $13.96, San Miguel Corp.
SMGBF,
-1.84%
fell 1.84% to $1.82, and Compania Cervecerias Unidas S.A. ADR
CCU,
+0.36%
rose 0.36% to $13.82.

Trading volume (996,614) remained 1.0 million 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