For all the criticism that Anheuser-Busch is facing now, this fad isn’t likely to last long. It is even less likely to impact the company’s long-term growth prospects. Even the people who purchased Bud Light to make a protest video still had to spend money on it. Additionally, BUD stock is the type of company that can withstand unfavorable market conditions. The far-right will soon find something else to be angry with, and when they do, shares will likely bounce back into the green. https://investorplace.com/2023/04/why-is-anheuser-busch-bud-stock-down-today/
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It’s been a few years, and to be honest, I forget what coca-cola specifically did for me to stop purchasing their products. All I know is that they’re a woke company that I literally have no interest in supporting. I think many Bud drinkers are going to feel this way about the brand now.