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Why did Anheuser-Busch stock fall 2023?

A stock image of beer left in plastic pint cups. On Wednesday, May 31, 2023, the stock price of Anheuser-Busch inBev fell by 20 percent over the past two months as calls to boycott Bud Light continue following a partnership with Dylan Mulvaney.

Why did Anheuser-Busch InBev stock drop 20 percent?

Anheuser-Busch inBev has seen a stock price decline of roughly 20 percent over the past two months, as sales of Bud Light continue to struggle following the beer brand's one-can partnership with Dylan Mulvaney, a transgender influencer and activist.

Will Anheuser-Busch stock climb despite Bud Light backlash?

"Dylan Mulvaney shares a Bud Light apology (you may not like it)". TheStreet. Retrieved September 16, 2023. ^ Saul, Derek. "Anheuser-Busch Stock Notches 2nd-Best Day Of 2023—Analysts Say Stock Will Climb Despite Bud Light Backlash". Forbes. Retrieved October 18, 2023. ^ "Anheuser-Busch InBev S.A. ADR falls Tuesday, underperforms market".

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