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Shares of Constellation Brands Inc. Cl A STZ inched 0.64% higher to $246.58 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.56% to 4,155.17 and the Dow Jones Industrial Average DJIA rising 1.29% to 32,812.50. This was the stock's second consecutive day of gains. Constellation Brands Inc. Cl A closed $14.95 short of its 52-week high ($261.53), which the company reached on April 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Diageo PLC ADR DEO rose 0.78% to $190.65, Brown-Forman Corp. Cl B BF.B rose 2.07% to $75.90, and Boston Beer Co. Cl A SAM rose 1.58% to $378.33. Trading volume (972,870) remained 42,751 below its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2022.
(END) Dow Jones Newswires
August 03, 2022 17:22 ET (21:22 GMT)
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