Anheuser-Busch InBev ADR Sees Positive Growth

Anheuser-Busch InBev S.A. (ADR) (BUD) experienced a notable increase of 2.94% in its stock price on Tuesday, reaching $63.73. This rise comes as part of a generally favorable trading session for the stock market, with the S&P 500 Index (SPX) rising by 0.23% to reach 4,954.23, and the Dow Jones Industrial Average (DJIA) increasing by 0.37% to reach 38,521.36.

This recent rise in the ADR’s price marks the end of a two-day losing streak. However, it is important to note that Anheuser-Busch InBev’s stock closed at $63.73, which is $3.36 short of its 52-week high reached on March 31st at $67.09.

Notably, Anheuser-Busch InBev ADR outperformed some of its competitors on Tuesday. While Kirin Holdings Co. Ltd. ADR (KNBWY) saw a modest increase of 0.42% to reach $14.40, San Miguel Corp. (SMGBF) experienced a significant decline of 12.58% and closed at $1.95. On the other hand, Compania Cervecerias Unidas S.A. ADR (CCU) saw a positive growth of 1.43% and closed at $12.06.

The trading volume for Anheuser-Busch InBev ADR reached 4.3 million shares, surpassing its 50-day average volume of 1.4 million shares.