Stock Performance
The stock price of Anheuser-Busch InBev S.A. ADR (BUD) witnessed a decline of 0.83% on Thursday, reaching $56.44. This drop occurred during a challenging trading session marked by a general negative performance in the stock market. The S&P 500 Index (SPX) experienced a 1.35% decline to reach 4,376.31, while the Dow Jones Industrial Average (DJIA) fell 1.08% and settled at 34,099.42.
Close to 52-Week High
Anheuser-Busch InBev S.A. ADR closed $10.65 below its 52-week high of $67.09 that was achieved on March 31st this year. This recent performance suggests a potential opportunity for the stock to rebound in the future.
Outperformance against Competitors
Despite the decline, Anheuser-Busch InBev S.A. ADR fared better than some of its competitors on Thursday. Kirin Holdings Co. Ltd. ADR (KNBWY) witnessed a 1.67% decline and closed at $13.56, San Miguel Corp. (SMGBF) experienced a 3.14% drop to $1.85, and Compania Cervecerias Unidas S.A. ADR (CCU) fell 2.41%, ending at $15.01.
Trading Volume
The trading volume for Anheuser-Busch InBev S.A. ADR reached 1.3 million shares on Thursday, which is 839,710 shares below its 50-day average volume of 2.1 million shares. This indicates a relatively lower activity level in trading.