Brown-Forman Corp. Cl B Stock Advances 3.9%, Outperforms Peers

Dow Jones09-03 04:35

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Brown-Forman Corp. Cl B rose 3.9% to $27.38 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.5% to 7,666.60 and the Dow Jones Industrial Average rising 0.6% to 53,061.95.

The stock's rise snapped a six-day losing streak.

Brown-Forman Corp. Cl B closed 14.2% below its 52-week high of $31.92, which the company reached on December 4th.

The stock outperformed some of its peers, as Constellation Brands Inc. Cl A fell 1.0% to $129.35, Molson Coors Beverage Co. Cl A rose 0.3% to $47.96, and Molson Coors Beverage Co. Cl B rose 1.96% to $40.54.

Trading volume totaled 4.0 million, compared to the 50-day average of 2.3 million.

Data source: Dow Jones Market Data, FactSet

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