Diageo Stock – Brown-Forman Corp. Cl B stock outperforms market on strong trading day
Shares of Brown-Forman Corp. Cl B
inched 0.06% higher to $77.19 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 0.92% to 4,134.98 and Dow Jones Industrial Average
falling 0.94% to 33,815.90. This was the stock’s seventh consecutive day of gains. Brown-Forman Corp. Cl B closed $6.21 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 Thursday, as Diageo PLC ADR
rose 0.33% to $181.00, Pernod Ricard S.A. ADR
rose 0.45% to $42.05, and Constellation Brands Inc. Cl A
fell 1.16% to $238.33. Trading volume (843,458) remained 79,570 below its 50-day average volume of 923,028.