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Why did Anheuser-Busch InBev (Bud) rise in intraday trading?

American depositary receipts (ADRs) of Belgian brewing giant Anheuser-Busch InBev (BUD) rose in intraday trading Wednesday following a first-quarter earnings report that included revenue above expecta... The Bud Light Boycott Is Losing Steam. How AB InBev Is Defying the Controversy.

Why did Bud stock drop?

Bud Stock Drops. A Major Shareholder Is Selling Down Its Stake. Anheuser-Busch InBev shares were dropping early on Thursday. It was hit by news that tobacco company Altria Group intends to sell down a significant portion of its holding in the Budweiser brewer.

How did Anheuser-Busch InBev perform in first-quarter 2024?

Wide-moat Anheuser-Busch InBev reported better-than-expected results for first-quarter 2024 with EBITDA of $4.9 billion, up 5.4% and considerably above company-compiled consensus estimates. The company also delivered a 90-basis-point margin expansion. Investors reacted positively, with shares up 5%.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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