Anheuser-Busch Market Value Plummets by $27B After Dylan Mulvaney Controversy

NEW YORK, NEW YORK - MARCH 13: Dylan Mulvaney attends her Day 365 Live! at The Rainbow Room on March 13, 2023 in New York City. (Photo by Roy Rochlin/Getty Images)

We can safely say Anheuser-Busch’s advertising campaign starring Dylan Mulvaney has been a marketing disaster for Bud Light.

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More than that, it’s proven to be a financial disaster for the company — with the beer-maker seemingly alienating both those who are for and those against the decision to team up with the transgender influencer.

The most recent evidence of all that comes this week, when Anheuser-Busch stock dropped by 5 percent, as relayed by the New York Post. Five percent may sound minuscule, but in the world of popular beer, it’s a massive deal. Since Bud Light began, the stock has been on the rise. Until now.

Overall, the company has lost an eye-popping $27 billion in market value since bringing on Mulvaney, the Post noted.

Mulvaney, 26, began work promoting Bud Light back in April, when Mulvaney shared a photo of a personalized beer can to celebrate “365 Days of Girlhood.”

That prompted a nationwide boycott of Bud Light and other beers distributed by Anheuser-Busch. For six straight weeks, sales have plunged to record-setting levels.

Along with those opposed to Mulvaney as a Bud Light spokesperson, members of the LGBTQIA+ community have accused Anheuser-Busch of not supporting Mulvaney through the backlash.

Bud Light had been America’s No. 1 beer for decades. But sales dropped 25.7 percent last week alone, the Post reported. That followed a week in which sales decreased by 24.6 percent. So based on those numbers, things are only getting worse.

Not surprisingly, reports suggest that Anheuser-Busch intends to slowly but surely distance itself from Mulvaney. But at this point, financial recovery is likely to take a while regardless.

As an aside, Anheuser-Busch recently parted ways with the marketing firm that recommended using Mulvaney. Along with that, a gay bar in Chicago stopped selling Bud Light for distancing itself from the transgender star.

For the world’s top beer maker, it seems there is no winning these days. Only degrees of losing.

Read More: Bud Light ‘Woke Beer’ Has Started A Financial-Free Fall

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  1. I make over 13,000 a month working part-time. I listened to different humans telling me how a good deal of cash they may make online, so I was determined to locate out. Well, it turned into dn-02 all actual and it absolutely modified my life. Everybody must try this job now by just using this site
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    • It’s funny cause its the lefties that are pissed cause no one will support LGBTQ🤣🤣 but ok 👍🏽

  2. I just think men are men women are when and the rest are just fake . Bud I’ve moved on to different beer . I’m just one person. But I’m sure there is a lot of ppl feeling the same way I do.

  3. And after all that, she still looks like a guy in drag. Sorry. That/it/he can WANNA be a 13 yo girl having her period, or an adult woman giving birth- but he’s not- nor will he ever be a real woman. SORRY SON. Now, go out and be what God made you. 😂

  4. Coors Light sales have skyrocketed. It’s just as good as Bud Light, so I’ll stick with it regardless of what .Busch does. The $27B loss is the tip,of the iceberg.

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