The Anheuser-Busch InBev S.A. ADR (BUD) experienced a slight uptick, rising 0.07% to $60.14 on Tuesday. This increase came amidst a generally negative trading day for the stock market, with the S&P 500 and Dow Jones Industrial Average both seeing declines of over 1%.
Breaking the Losing Streak
The ADR's modest rise put an end to an eight-day losing streak, offering a glimmer of positivity in an otherwise challenging market environment.
Near 52-Week High
Despite closing $6.95 below its 52-week high of $67.09 reached on March 31st, Anheuser-Busch InBev S.A. ADR demonstrated resilience in comparison to some of its competitors.
Outperforming Competitors
On this particular day, the ADR outperformed competitors such as Kirin Holdings Co. Ltd. ADR (KNBWY), San Miguel Corp. (SMGBF), and Compania Cervecerias Unidas S.A. ADR (CCU) who saw fluctuations in their stock prices.
Trading Volume Insights
With a trading volume of 1.4 million shares, Anheuser-Busch InBev S.A. ADR fell slightly below its 50-day average volume of 1.7 million shares, indicating a level of investor interest in the stock.
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