Molson Coors Beverage Co. Cl B stock underperforms Wednesday when compared to competitors

Shares of Molson Coors Beverage Co. Cl B TAP, -1.14% slipped 1.14% to $51.15 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.16% rising 0.16% to 33,730.89 and the S&P 500 Index SPX, -0.41% falling 0.41% to 4,124.66. The stock’s fall snapped a two-day winning streak. Molson Coors Beverage Co. Cl B closed $4.95 below its 52-week high ($56.10), which the company achieved on January 27th.

The stock underperformed when compared to some of its competitors Wednesday, as Anheuser-Busch InBev S.A. ADR BUD, +1.21% rose 1.21% to $65.16, Constellation Brands Inc. Cl B STZ.B, -0.92% fell 0.92% to $222.65, and Kirin Holdings Co. Ltd. ADR KNBWY, +0.86% rose 0.86% to $18.77. Trading volume (2.0 M) remained 705,555 below its 50-day average volume of 2.7 M.

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