Diageo Stock – Brown-Forman Corp. Cl B stock falls Wednesday, underperforms market
Shares of Brown-Forman Corp. Cl B
slumped 0.84% to $75.20 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.54% to 4,223.70 and Dow Jones Industrial Average
falling 0.77% to 34,033.67. The stock’s fall snapped a four-day winning streak. Brown-Forman Corp. Cl B closed $8.20 short of 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 Wednesday, as Diageo PLC ADR
fell 0.32% to $195.14, Pernod Ricard S.A. ADR
rose 0.34% to $43.53, and Constellation Brands Inc. Cl A
fell 0.89% to $233.97. Trading volume (700,366) remained 258,461 below its 50-day average volume of 958,827.