Anheuser-Busch Stock Already Dropping Amid Dylan Mulvaney Controversy

The backlash to Anheuser-Busch over a Bud Light promo featuring trans activist Dylan Mulvaney has been swift.

Consumers are vowing not to buy their products, merchandisers are panicked over sales, and now the company’s stock is falling.

Could this be the worst marketing decision since New Coke?

Newsweek reports:

Anheuser-Busch Stock Drops Amid Bud Light Dylan Mulvaney Controversy

Stock for Anheuser-Busch InBev took a slight dip on Monday in the wake of continuing backlash over news that one of the brewing company’s brands has a partnership with transgender influencer and activist Dylan Mulvaney.

Mulvaney—who uses she/they pronouns—posted on Instagram last week that Bud Light had sent her commemorative cans of beer that featured an image of her face to mark the one-year anniversary of her gender transition. Following her announcement, right-wing musician Kid Rock posted a video on social media of himself shooting Bud Light cans for target practice, and country star Travis Tritt announced he would no longer sell Budweiser at his concerts.

TheStreet, a financial news website, reported that stock for Anheuser-Busch InBev was lower by 3 percent on Monday. However, the outlet also reported that the drop comes following “a 10-day win streak, which vaulted Anheuser-Busch stock to 52-week highs.”

TheStreet further noted that even with the controversy regarding Mulvaney, Anheuser-Busch continues to come out ahead of competitors like Molson Coors and Boston Beer on the stock market. At the time of publication, Anheuser-Busch shares were sitting at $64.99 on the New York Stock Exchange (NYSE).

Conservatives are not letting this go.

On March 31, Anheuser Busch had a $132.38 billion market cap

As of today, it’s now $128.4 billion

You know what that means?

The Woke Bud Light campaign has already shaved off nearly **$4 BILLION** in company value

Don’t let Dems lie to you – Conservative Boycotts WORK pic.twitter.com/xLGbs6F1MV

— DC_Draino (@DC_Draino) April 10, 2023

Anheuser-Busch’s stock price over the past week… #GoWokeGoBroke pic.twitter.com/kSTwBExeeQ

— Chief Nerd (@TheChiefNerd) April 10, 2023

Take a look at this:

THOUSANDS OF CASES OF ANHEUSER-BUSCH WAS STEAMROLLED!!! pic.twitter.com/riUpinE5Zu

— Graham Allen (@GrahamAllen_1) April 11, 2023

Anheuser-Busch is going to regret this decision.

The post Anheuser-Busch Stock Already Dropping Amid Dylan Mulvaney Controversy appeared first on The Gateway Pundit.

Louisiana State Rep. Jeremy LaCombe is Third Democrat to Switch to Republican Party in a Month

Louisiana state Rep. Jeremy LaCombe is leaving the Democrat party and registering as a Republican. He is the third Democrat to do so in just a month.

North Carolina State Sen. Tristan Cotham switched to the Republican party just last week.

The Democrat party is becoming too radical for even some Democrats.

FOX News reports:

Democrats dealt another blow: third lawmaker leaves party, switches to Republican within a month

Democrats were dealt another blow from within their own ranks this week as yet another state lawmaker declared he was leaving the party.

According to a Monday report by The Advocate, a Louisiana-based newspaper, state Rep. Jeremy LaCombe announced he had left the Democratic Party and would be registering as a Republican.

It was not immediately clear what prompted LaCombe’s departure, however he is now the second Louisiana Democrat in less than a month to switch party affiliations, and the third nationwide after another state lawmaker in North Carolina did the same.

Last month, Louisiana state Rep. Francis Thompson gave Republicans in the state House a supermajority after he switched his party affiliation, and earlier this month, North Carolina state Rep. Tricia Cotham gave Republicans in the state House a supermajority with her switch as well.

The switches come as President Biden faces a near-record low approval rating among key groups, including women (43% now vs. 42% low), voters ages 45+ (41% vs. 39% low), suburban voters (41% vs. 39% low), rural voters (31% vs. 30% low) and Democrats (81% vs. 78% low) – Democratic men in particular (79% vs. 78% low), according to a recent Fox News poll.

Doesn’ three people make this a trend?

News: Louisiana House Democrats have lost another member to a party switch.

State Rep. Jeremy Lacombe has switched to the GOP. It comes after state Rep. Francis Thompson gave the House GOP a supermajority by switching parties. Developing story: #lalege https://t.co/riin6B9VvG

— Sam Karlin (@samkarlin) April 10, 2023

State Rep. Jeremy LaCombe, a Democrat who was elected in 2019 to District 18 has just switch to Republicans

This is great news 2 switches in 2 days!!

— Maga politics (@Magapolitics74) April 10, 2023

The GOP should encourage more Democrats who are not comfortable with their party to do this.

(Image:Source)

The post Louisiana State Rep. Jeremy LaCombe is Third Democrat to Switch to Republican Party in a Month appeared first on The Gateway Pundit.

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