Diageo Stock – Constellation Brands Inc. Cl A stock underperforms Wednesday when compared to competitors
Shares of Constellation Brands Inc. Cl A
slumped 0.71% to $236.67 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.18% to 4,219.55 and Dow Jones Industrial Average
falling 0.44% to 34,447.14. This was the stock’s third consecutive day of losses. Constellation Brands Inc. Cl A closed $8.08 short of its 52-week high ($244.75), which the company achieved on May 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Diageo PLC ADR
rose 0.25% to $194.42, Brown-Forman Corp. Cl B
fell 5.65% to $75.19, and Boston Beer Co. Cl A
fell 4.90% to $1,038.51. Trading volume (572,337) remained 540,401 below its 50-day average volume of 1.1 M.