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Shares of Constellation Brands Inc. Cl A STZ slid 0.82% to $246.31 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.42% to 4,130.29 and the Dow Jones Industrial Average DJIA rising 0.97% to 32,845.13. The stock's fall snapped a three-day winning streak. Constellation Brands Inc. Cl A closed $15.22 below its 52-week high ($261.53), which the company achieved on April 21st.
The stock underperformed when compared to some of its competitors Friday, as Diageo PLC ADR DEO rose 0.50% to $191.40, Brown-Forman Corp. Cl B BF.B rose 0.83% to $74.22, and Boston Beer Co. Cl A SAM rose 0.80% to $380.43. Trading volume (865,241) remained 169,898 below its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 2022.
(END) Dow Jones Newswires
July 29, 2022 17:22 ET (21:22 GMT)
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