{"id":11900,"date":"2023-04-11T03:54:07","date_gmt":"2023-04-11T03:54:07","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=11900"},"modified":"2023-04-11T03:54:07","modified_gmt":"2023-04-11T03:54:07","slug":"anheuser-busch-stock-already-dropping-amid-dylan-mulvaney-controversy","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=11900","title":{"rendered":"Anheuser-Busch Stock Already Dropping Amid Dylan Mulvaney Controversy"},"content":{"rendered":"

The backlash to Anheuser-Busch over a Bud Light promo featuring trans activist Dylan Mulvaney has been swift.<\/p>\n

Consumers are vowing not to buy their products, merchandisers are panicked over sales<\/a>, and now the company\u2019s stock is falling.<\/p>\n

Could this be the worst marketing decision since New Coke?<\/p>\n

Newsweek<\/a> reports:<\/p>\n

Anheuser-Busch Stock Drops Amid Bud Light Dylan Mulvaney Controversy<\/strong><\/p>\n

Stock for Anheuser-Busch InBev took a slight dip on Monday in the wake of continuing backlash over news that one of the brewing company\u2019s brands has a partnership with transgender influencer and activist Dylan Mulvaney.<\/p>\n

Mulvaney\u2014who uses she\/they pronouns\u2014posted on Instagram last week that Bud Light had sent her commemorative cans of beer that featured an image of her face to mark the one-year anniversary of her gender transition. Following her announcement, right-wing musician Kid Rock posted a video on social media of himself shooting Bud Light cans for target practice, and country star Travis Tritt announced he would no longer sell Budweiser at his concerts.<\/p>\n

TheStreet, a financial news website, reported that stock for Anheuser-Busch InBev was lower by 3 percent on Monday. However, the outlet also reported that the drop comes following \u201ca 10-day win streak, which vaulted Anheuser-Busch stock to 52-week highs.\u201d<\/p>\n

TheStreet further noted that even with the controversy regarding Mulvaney, Anheuser-Busch continues to come out ahead of competitors like Molson Coors and Boston Beer on the stock market. At the time of publication, Anheuser-Busch shares were sitting at $64.99 on the New York Stock Exchange (NYSE).<\/p>\n

Conservatives are not letting this go.<\/p>\n

On March 31, Anheuser Busch had a $132.38 billion market cap<\/p>\n

As of today, it\u2019s now $128.4 billion <\/p>\n

You know what that means?<\/p>\n

The Woke Bud Light campaign has already shaved off nearly **$4 BILLION** in company value<\/p>\n

Don\u2019t let Dems lie to you \u2013 Conservative Boycotts WORK pic.twitter.com\/xLGbs6F1MV<\/a><\/p>\n

\u2014 DC_Draino (@DC_Draino) April 10, 2023<\/a><\/p>\n\n

Anheuser-Busch\u2019s stock price over the past week\u2026 #GoWokeGoBroke<\/a> pic.twitter.com\/kSTwBExeeQ<\/a><\/p>\n

\u2014 Chief Nerd (@TheChiefNerd) April 10, 2023<\/a><\/p>\n\n

Take a look at this:<\/p>\n

THOUSANDS OF CASES OF ANHEUSER-BUSCH WAS STEAMROLLED!!! pic.twitter.com\/riUpinE5Zu<\/a><\/p>\n

\u2014 Graham Allen (@GrahamAllen_1) April 11, 2023<\/a><\/p>\n\n

Anheuser-Busch is going to regret this decision.<\/p>\n

The post Anheuser-Busch Stock Already Dropping Amid Dylan Mulvaney Controversy<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The backlash to Anheuser-Busch over a Bud Light promo featuring trans activist Dylan Mulvaney has been swift. 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