The beer giant Anheuser-Busch lost more than $5Bn in market capitalization last week alone. Ill-wishers are claiming this has to do with Budweisers endorsement of Dylan Mulvaney. This, of course, is totally inaccurate and couldn’t be further from the truth. Stocks are known to fluctuate and this recent drop in share price is nothing more than a coincidence. 🤡🌎
Source: nypost.com