Breaking: Anheuser-Busch Stock Price Experiences Decline Following The Bud Light’s Transsexual Marketing Campaign Fiasco And Backlash
ESG-responsive executives from Anheuser-Busch might have disregarded the early response against Bud Light’s partnership with biological male transgender activist, Dylan Mulvaney.
However, it is highly unlikely that they oversaw the Monday morning decline in Anheuser-Busch’s share price.
Last week, Anheuser-Busch InBev SA/NV (BUD) stock price closed at $66.34 per share.
Earlier this Monday, the price fell abruptly, opening at $64.99 and it continued to fall.
Last week, a Twitter account that discusses investment opportunities, ScalpIt, revealed that it might be a good “time to short $BUD” as merchandisers observed that the consumer feedback to Bud Light’s gossiped partnership with Mulvaney was having a prominent effect.
A person professing to work for an affiliate of Anheuser-Busch recently stated online that only a few consumers are now purchasing the company’s diverse alcoholic beverages.
Several images spreading on Twitter seem to provide circumstantial support for his claims.
The Blaze previously reported that the initial announcement sparked rage and mistrust, as a TikTok performer became a Bud Light spokesman, who simultaneously brags about transitioning into a “girl” and displaying a “bulge.”
Townhall columnist Derek Hunter mentioned that Bud Light is now “the groomer of beers,” challenging Budweiser’s old assertion to be the “king of beers.”
“F*** Bud Light, and f*** Anheuser-Busch. … Have a nice day!”
Last week, country music legend Travis Tritt announced:
He would “be deleting all Anheuser-Busch products from my tour hospitality rider. I know many other artists who are doing the same.”