Published on 15 Nov 2022 on Market Watch
Constellation Brands Inc. Cl A stock underperforms Tuesday when compared to competitors
Shares of Constellation Brands Inc. Cl A slipped 0.41% to $243.45 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. This was the stock's second consecutive day of losses. Constellation Brands Inc. Cl A closed $18.08 short of its 52-week high ($261.53), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Tuesday, as Diageo PLC ADR rose 0.32% to $173.66, Brown-Forman Corp. Cl B rose 0.54% to $69.25, and Boston Beer Co. Cl A rose 2.27% to $387.27. Trading volume (2.2 M) eclipsed its 50-day average volume of 1.0 M.