Published on 17 Nov 2022 on Market Watch
Constellation Brands Inc. Cl A stock rises Thursday, outperforms market
Shares of Constellation Brands Inc. Cl A inched 0.67% higher to $244.86 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.31% to 3,946.56 and Dow Jones Industrial Average falling 0.02% to 33,546.32. The stock's rise snapped a three-day losing streak. Constellation Brands Inc. Cl A closed $16.67 short of its 52-week high ($261.53), which the company reached on April 21st.
The stock outperformed some of its competitors Thursday, as Diageo PLC ADR rose 0.01% to $175.54, Brown-Forman Corp. Cl B fell 0.96% to $68.89, and Boston Beer Co. Cl A fell 0.17% to $377.04. Trading volume (769,175) remained 290,295 below its 50-day average volume of 1.1 M.