Consumer Discretionary
Investors, This Bud’s for You
By
Elliott H. Gue, on May. 16, 2017
In terms of stock performance, the fourth quarter of 2016 turned into a nightmare for global beer giant Anheuser-Busch InBev (Brussels: ABI, NYSE: BUD), with the company’s Brussels-traded shares and American depositary receipt selling off by roughly 21 percent from the end of September to early December.
(Click to enlarge.)
A confluence of financial and technical factors contributed to the stocks’ sharp downdraft.
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