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Molson Coors brands Coors Light and Miller Lite have grown market share as Bud Light faced a backlash. TD Cowen analyst Vivien Azer says Molson Coors will enjoy “durable market-share momentum.”
First came Bud Light. Then Target. Now more companies are facing potential pushback from a segment of customers unhappy with their embrace of the LGBTQ community.
Tech stocks lead Tuesday’s rally; Nvidia keeps rising
Bud Light sales were down 28.4% in the latest week, and parent Anheuser-Busch is now offering big rebates that could cut the cost of a case to under $5.
Conservative commentators target brewer for spot hitting past depictions of women in beer marketing