Bud Light's Calamitous Fall: No Hope in Sight as Controversial Ad Tanks Brand
The “King of Beers” has taken a significant hit! Bud Light’s recent ad campaign with transgender influencer Dylan Mulvaney has sent its sales plummeting, sparking a bear market for Anheuser-Busch InBev. While Bud Light’s stock has been sinking, rival Molson Coors has seen a 19% rise, celebrating an increase in sales. As the Bud Light boycott intensifies, Anheuser-Busch’s market capitalization has plummeted, causing a $26 billion drop-off since the controversy began. Modelo and other competitors are capitalizing on Bud Light’s decline, threatening its status as America’s top-selling beer.
"Kevin Costner Breaks Silence: 'Crushing' Divorce and Moving Forward" "Hollywood Icon Kevin Costner Opens Up…
Walgreens Boots Alliance CEO Tim Wentworth announced potential closures of a "meaningful percent" of the…
Dave Grohl, Foo Fighters frontman, halted a concert in Birmingham to address a crowd disturbance.…
The Florida Panthers have etched their names in NHL history not just for their on-ice…
By day, I'm mom. By night, I'm an artist," Chanel West Coast says in the…
Media Matters for America, a nonprofit focused on correcting "conservative misinformation," paid $105,000 in 2022…