We The People

We The People

Sunday, May 14, 2023

Major bank takes action against Anheuser-Busch over Bud Light 'crisis': 'Raises many questions' - TheBlaze

Major bank takes action against Anheuser-Busch over Bud Light 'crisis': 'Raises many questions' - TheBlaze

HSBC, one of the world's largest banks, downgraded the stock of Anheuser-Busch InBev this week amid controversy over Bud Light's partnership with transgender influencer Dylan Mulvaney. Bank analysts downgraded the stock to "hold" status, which means investors should neither sell nor purchase the stock, CNBC reported.

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