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Bud Light May Now Have a Lawsuit on Its Hands After Shareholder Values Tank

NOT WOKE SHOWS • Jun 01, 2023

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NOT WOKE SHOWS
Bud Light May Now Have a Lawsuit on Its Hands After Shareholder Values Tank

The Western Journal Reports: Corporations that wrecked their images in woke marketing campaigns could pay a price for decisions that cost shareholders money.


On Tuesday, America First Legal took to Twitter on a fishing expedition looking for disgruntled shareholders who have seen their investments flow down the drain faster than a barrel of Bud Light since the beer’s embrace of transgender activist Dylan Mulvaney led to a weeks-long boycott that shows no sign of stopping.


“ATTENTION: Are you a shareholder of @Target @Kohls @abinbev, or other companies that are promoting transgender, LGBTQ and PRIDE products and diminishing shareholder value? We want to hear from you,” the law firm posted.


Newsweek wrote that the strategy appears to be to sue the companies over decisions that led to massive stock declines.



Anheuser-Busch InBev, which makes Bud Light, has seen its stock price drop 9 percent this year, including a 5 percent drop Tuesday, according to MarketWatch.

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