An analysis shows that the market value of Anheuser-Busch InBev, the maker of Bud Light and Budweiser, dropped more than $15 billion since April 1—or the day that transgender influencer Dylan Mulvaney pitched the Bud Light brand during an NCAA tournament.
Citing S&P Global Market Intelligence, Investor’s Business Daily said in its report that Anheuser-Busch saw its market value drop by more than $15.7 billion since April 1, while other publicly traded beer brands have seen $3.2 billion added at the same time.
