Posted 1/16/2024, 9:33:00 PM
Anheuser-Busch InBev Stock Falls for Third Straight Day, Closing Below 52-Week High
- Anheuser-Busch InBev ADR (BUD) fell 2.24% on Tuesday to $63.61
- The drop was BUD's third consecutive day of losses
- BUD closed $3.48 below its 52-week high of $67.09 reached on March 31
- BUD underperformed some competitors like Kirin Holdings (down 2.89%) but outperformed others like Compania Cervecerias Unidas (down 3.60%)
- BUD's trading volume of 1.8M exceeded its 50-day average volume of 1.6M