Molson Coors Beverage Co. Cl B stock rises Thursday, still underperforms market

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Shares of Molson Coors Beverage Co. Cl B TAP, +1.18% rallied 1.18% to $46.33 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +1.71% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +1.56% rising 1.56% to 34,912.56. This was the stock’s second consecutive day of gains. Molson Coors Beverage Co. Cl B closed $15.15 short of its 52-week high ($61.48), which the company reached on June 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Anheuser-Busch InBev S.A. ADR BUD, +1.31% rose 1.31% to $56.35, Constellation Brands Inc. Cl B STZ.B, +0.99% rose 0.99% to $220.00, and Kirin Holdings Co. Ltd. ADR KNBWY, -0.11% fell 0.11% to $18.34. Trading volume (977,680) remained 476,834 below its 50-day average volume of 1.5 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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