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Stock impact report

Stock Market Today, Dec. 23: Ambev Starts to Recover After Losing 4% This Month, [Yahoo! Finance]

Molson Coors Beverage Company Class B (TAP) 
Last molson coors beverage company class b earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.molsoncoors.com/overview/default.aspx
Company Research Source: Yahoo! Finance
Trading volume reached 47.5 million shares, nearly 18% above its three-month average of 39.9 million shares. Tuesday's trading reflects a shift as the stock has trended downwards for the past week. Sentiment is mixed: Some investment firms are adding to their Ambev holdings while others say it's time to take profits. Ambev IPO'ed in 1997 and has grown 428% since going public. The S&P 500 (SNPINDEX:^GSPC) added 0.46% to finish at 6,910, while the Nasdaq Composite (NASDAQINDEX:^IXIC) rose 0.57% to 23,562. Within the beverages and brewers industry, Anheuser-Busch InBev/NV (NYSE:BUD) gained 0.88% and Molson Coors Beverage (NYSE:TAP) slipped 1.12%. Ambev's shares bounced back slightly today, though the beverage giant is still down 7.0% in the past five days. Bernstein recently downgraded Ambev from "outperform" to "market perform." While positive on the company's long-term potential, analysts raised concerns that this year's rally didn't have much further to run. The Markets Daily Show less Read more
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