Shares of Bud Light owner Anheuser-Busch InBev (NYSE: BUD) fell sharply in May after the brewing company faced extreme criticism over its April ad campaign involving transgender activist Dylan Mulvaney.
In May, the stock collapsed more than 17%, ending the month at $53.40. Year-to-date, Anheuser’s shares remain in the red territory, down around 5%. At the time of writing, BUD…
This story from finbold.com was posted on 2023-07-05 by @airwise.