Ambev is trading 4.5% lower at $2.65 after third-quarter revenue missed the cited estimate, despite earnings beating expectations. - Ambev reported results on October 29; reported profit declined, which may also have weighed on sentiment. Coverage described a premarket drop after mixed results, though another earnings report cited different revenue figures. - The company announced a R$2.9 billion share buyback as operating metrics improved. U.S. indices were lower, but their moves were smaller than Ambev’s decline.