Published on 14 Nov 2022 on Market Watch
Constellation Brands Inc. Cl A stock underperforms Monday when compared to competitors
Shares of Constellation Brands Inc. Cl A slid 1.03% to $244.46 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.89% to 3,957.25 and Dow Jones Industrial Average falling 0.63% to 33,536.70. The stock's fall snapped a two-day winning streak. Constellation Brands Inc. Cl A closed $17.07 short of its 52-week high ($261.53), which the company reached on April 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Diageo PLC ADR fell 0.46% to $173.11, Brown-Forman Corp. Cl B fell 1.09% to $68.88, and Boston Beer Co. Cl A fell 8.12% to $378.67. Trading volume (965,614) remained 54,440 below its 50-day average volume of 1.0 M.