Anheuser-Busch InBev Shares Rise on Strong Q1 Results
Shares of Anheuser-Busch InBev (BUD) surged over 8% after the company reported better-than-expected first-quarter results, driven by strong revenue and earnings growth. The beer giant managed to increase both pricing and volumes despite industry-wide declines in alcohol consumption.
Tickers: $BUD
Topics: beer industry earnings revenue stock rally