On Wednesday, the stock market saw a general decline, and Anheuser-Busch InBev S.A. ADR (BUD) was not immune, experiencing a drop of 1.07%, bringing the stock price to $56.23. The S&P 500 Index (SPX) fell by 1.38% to 4,513.39, and the Dow Jones Industrial Average (DJIA) also experienced a decline of 0.98% to 35,282.52.
This marked the third consecutive day of losses for the ADR.
While Anheuser-Busch InBev S.A. ADR fell short of its 52-week high of $67.09, reaching a close of $56.23, it still remains in a relatively strong position.
When comparing the performance of Anheuser-Busch InBev S.A. ADR to its competitors on Wednesday, we see a mix of results. Kirin Holdings Co. Ltd. ADR (KNBWY) fell by 1.50% to $14.43, San Miguel Corp. (SMGBF) saw a modest increase of 0.51% to $1.96, and Compania Cervecerias Unidas S.A. ADR (CCU) experienced a significant decline of 4.14% to $16.22.
The trading volume of Anheuser-Busch InBev S.A. ADR on this day (3.4 M) surpassed its 50-day average volume of 2.5 M, indicating heightened market activity.