Anheuser-Busch Inbev SA Sponsored ADR (Belgium) ($BUD) Stock Forecast: Down 0.6% Today

What is Anheuser-Busch Inbev SA Sponsored ADR (Belgium)?

BUD, or Anheuser-Busch InBev, is a multinational drink and brewing holdings company based in Leuven, Belgium. It is one of the world's largest brewers with a diverse portfolio of over 500 beer brands.

Why is Anheuser-Busch Inbev SA Sponsored ADR (Belgium) going down?

BUD stock is down 0.6% on Aug 1, 2024 14:44

• Despite reporting profit growth in the second quarter of 2024, the bearish movement in BUD stock could be attributed to the continued decline in beer volumes.
• The disappointing revenue and volume figures might have overshadowed the positive profit growth, leading to a negative market sentiment towards the stock.
• Investors may have reacted to the company's struggle with declining beer volumes, showing concerns about the long-term sustainability of its business model.
• The market movement could also be influenced by profit-taking activities following the recent earnings report, as investors may have decided to lock in gains after the stock's recent performance.

BUD Price Chart

BUD News

AB InBev sees profit growth, despite volume dip

AB InBev saw its profit increase 10.2% in the second quarter of 2024 despite total sales toppling 0.8% as beer volumes continued to tumble. The post AB InBev sees profit growth, despite volume dip appeared first on The Drinks Business .

https://www.thedrinksbusiness.com/2024/08/ab-inbev-sees-profit-growth-despite-volume-dip/

Apple, Meta Platforms And 3 Stocks To Watch Heading Into Thursday - Apple ( NASDAQ:AAPL ) , Amazon.com ( NASDAQ:AMZN )

With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Amazon.com, Inc. AMZN to report quarterly earnings at $1.03 per share on revenue of $148.56 billion after the closing bell, according to data ...

https://www.benzinga.com/news/earnings/24/08/40092219/apple-meta-platforms-and-3-stocks-to-watch-heading-into-thursday

AB InBev exceeds second-quarter profit expectations

Beer giant reports forecast-beating core profit but revenue and volumes disappoint

https://www.businesslive.co.za/bd/companies/industrials/2024-08-01-ab-inbev-exceeds-second-quarter-profit-expectations/

Anheuser-Busch InBev NV/SA Q2 Profit Increases, Beats Estimates

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Anheuser-Busch InBev NV/SA (BUD) reported earnings for its second quarter that increased from last year and beat the Street estimates.The company''s bottom line…

https://www.finanznachrichten.de/nachrichten-2024-08/62878717-anheuser-busch-inbev-nv-sa-q2-profit-increases-beats-estimates-020.htm

Anheuser-Busch InBev: AB InBev Reports Second Quarter 2024 Results

Consistent execution of our strategy delivered double-digit EBITDA growth with margin expansion of 236bps and a 25% increase in Underlying EPS Anheuser-Busch InBev (Brussel:ABI) (BMV:ANB) (JSE:ANH…

https://www.finanznachrichten.de/nachrichten-2024-08/62878566-anheuser-busch-inbev-ab-inbev-reports-second-quarter-2024-results-004.htm

Trending Today

Ethereum ($ETH) Crypto Forecast: Up 5.2% Today

Aurora Cannabis Inc. ($ACB) Stock Forecast: Down 5.2% Today

Hims & Hers Health Inc. ($HIMS) Stock Forecast: Down 5.3% Today

FedEx Corporation ($FDX) Stock Forecast: Down 15.5% Today

Pendle ($PENDLE) Crypto Forecast: Up 6.0% Today

Robinhood Inc. ($HOOD) Stock Forecast: Down 5.0% Today

Affirm Holdings Inc. ($AFRM) Stock Forecast: Down 5.9% Today

Tilray Inc. ($TLRY) Stock Forecast: Down 5.1% Today

GameStop Corp. ($GME) Stock Forecast: Up 6.2% Today

Solana ($SOL) Crypto Forecast: Up 5.1% Today

Anheuser-Busch Inbev SA Sponsored ADR (Belgium) Price History

16.03.2024 - BUD Stock was down 1.4%

• The bearish movement in BUD stock could be attributed to the overall market volatility and uncertainty surrounding economic conditions.
• The news of former Liberal Dan Cregan joining the SA Labor cabinet may have created political uncertainty, leading to a negative sentiment in the market.
• Materialise NV's disclosure of new risks in the medical sector could have raised concerns among investors, impacting the broader market sentiment and influencing BUD's downward movement.
• Despite the positive outlook on Wall Street favorites, the ongoing market fluctuations and risk factors in various sectors may have contributed to the bearish trend in BUD stock today.

03.06.2024 - BUD Stock was up 2.6%

• Anheuser-Busch stock was given a Buy rating based on its growth trajectory, reflecting optimism about the company's future.
• The collaboration between Signify NV and the Mercedes-AMG PETRONAS Formula 1 Team is expected to enhance brand visibility and market opportunities for Signify NV, potentially benefiting its stock performance.
• Shareholders of Flying Nickel Mining Corp. expressed concerns about the Nevada Vanadium merger and current management, leading to market uncertainty and a shift towards more stable options like Anheuser-Busch.
• The consumer staples sector's challenges and a recommendation to sell specific stocks before a potential downturn in July may have prompted investors to explore industries with stronger growth potential, such as the beverage sector where Anheuser-Busch operates.

01.07.2024 - BUD Stock was down 0.6%

• Despite reporting profit growth in the second quarter of 2024, the bearish movement in BUD stock could be attributed to the continued decline in beer volumes.
• The disappointing revenue and volume figures might have overshadowed the positive profit growth, leading to a negative market sentiment towards the stock.
• Investors may have reacted to the company's struggle with declining beer volumes, showing concerns about the long-term sustainability of its business model.
• The market movement could also be influenced by profit-taking activities following the recent earnings report, as investors may have decided to lock in gains after the stock's recent performance.