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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.

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.

What happened to Anheuser-Busch InBev (Bud)?

The U.S.-listed shares of Anheuser-Busch InBev S.A. BUD, -3.57% dropped 1.3% in afternoon trading, which puts them on track for a fourth-straight loss and a six-month low. The Belgium-based beer brewer’s stock has also tumbled 12.46% in May, which would put it on course to suffer the worst monthly performance since it dropped 12.54% in July 2021.

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