Diageo Stock – Brown-Forman Corp. Cl B stock falls Tuesday, underperforms market
Shares of Brown-Forman Corp. Cl B
dropped 0.34% to $79.69 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
rising 0.02% to 4,227.26 and the Dow Jones Industrial Average
falling 0.09% to 34,599.82. This was the stock’s third consecutive day of losses. Brown-Forman Corp. Cl B closed $3.71 below its 52-week high ($83.40), which the company achieved on September 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Diageo PLC ADR
rose 0.40% to $193.94, Pernod Ricard S.A. ADR
fell 0.63% to $43.93, and Constellation Brands Inc. Cl A
fell 0.30% to $238.37. Trading volume (876,617) remained 70,910 below its 50-day average volume of 947,527.