Anheuser-Busch InBev share price skids as Bud Light and other Budweiser brand sales deteriorate
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Bud Light sales are continuing to plummet, and now the stock price of its brewer, Anheuser-Busch InBev, is starting to slide as well.
U.S.-listed Anheuser Busch InBev shares BUD, ABI, have dropped 9% this year, including a 5% drop on Tuesday, while Molson Coors shares TAP, have jumped 17% this year.
Also see: Anheuser-Busch InBev’s U.S. profits may tumble, JPMorgan says
Bud…
This story from marketwatch.com was posted on 2023-05-31 by @violet.