By Anheuser-Busch InBev S.A. ADR (BUD) experienced a small decline in its stock value, dropping by 0.86% to reach $62.11 on Friday. However, it was still a positive trading session for the overall stock market, with the S&P 500 Index (SPX) rising by 1.07% to 4,958.61 and the Dow Jones Industrial Average (DJIA) increasing by 0.35% to 38,654.42.
Near Miss of 52-Week High
Despite the slight dip in share price, Anheuser-Busch InBev S.A. ADR closed just $4.98 short of its 52-week high of $67.09, which it had achieved on March 31st.
Mixed Performance Compared to Competitors
When compared to its competitors, Anheuser-Busch InBev ADR showcased a mixed performance on Friday. Kirin Holdings Co. Ltd. ADR (KNBWY) saw a decrease of 0.49% to $14.35. San Miguel Corp. (SMGBF) experienced a significant drop of 12.58% to $1.95, while Compania Cervecerias Unidas S.A. ADR (CCU) had a smaller decline of 1.86% to $12.11.
Lower Trading Volume
The trading volume for Anheuser-Busch InBev S.A. ADR was recorded at 1.2 million shares, which is 178,217 shares below its 50-day average volume of 1.4 million shares.
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