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What happened to Anheuser-Busch InBev (Bud)?

The U.S.-listed shares of Anheuser-Busch InBev S.A. BUD, +0.04% dropped 1.3% in afternoon trading, which puts them on track for a fourth-straight loss and a six-month low. The Belgium-based beer brewer’s stock has also tumbled 12.46% in May, which would put it on course to suffer the worst monthly performance since it dropped 12.54% in July 2021.

How much does Anheuser-Busch stock cost in 2023?

In fact, as of Wednesday, April 12, 2023, the share price closed at $63.38, a reduction in Anheuser-Busch's market cap of $5 billion since March 31, 2023. At the time of writing, on April 14, the share price is $64.34.

Why is Anheuser-Busch's share price rising?

Furthermore, Anheuser-Busch's share price has been increasing steadily since September 2022, hitting a 52-week high in March. It may be that the price changes are a result of a market correction or trading resistance between bull and bear traders, as suggested by analyst opinion.

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