{"id":1914669,"date":"2023-04-14T05:10:48","date_gmt":"2023-04-14T09:10:48","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/numbers-show-bud-light-parent-company-has-lost-significant-market-value-since-trans-influencer-controversy\/"},"modified":"2023-04-14T05:12:11","modified_gmt":"2023-04-14T09:12:11","slug":"numbers-show-bud-light-parent-company-has-lost-significant-market-value-since-trans-influencer-controversy","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/numbers-show-bud-light-parent-company-has-lost-significant-market-value-since-trans-influencer-controversy\/","title":{"rendered":"Numbers Show Bud Light Parent Company Has Lost Significant Market Value Since Trans Influencer Controversy"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnumbers-show-bud-light-parent-company-has-lost-significant-market-value-since-trans-influencer-controversy%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1914669&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<p>Beer giant Anheuser-Busch, the company that owns Bud Light, has lost billions of dollars in market value after partnering with a controversial transgender influencer that sparked public relations uproar.<\/p>\n<p>According to the <a href=\"https:\/\/nypost.com\/2023\/04\/12\/anheuser-busch-down-5b-in-value-amid-dylan-mulvaney-bud-light-controversy\/\">New York Post<\/a>, Anheuser-Busch&#8217;s market value plummeted by over $5 billion, and the company&#8217;s stock prices fell by nearly 4%. At one point, the company&#8217;s value dropped by more than $6 billion but has since slightly recovered, with stock prices up almost 1.5% on Thursday.<\/p>\n<p>The company faced severe backlash from prominent conservative figures, such as <a href=\"https:\/\/www.dailywire.com\/news\/kid-rock-blasts-bud-light-for-partnering-with-trans-activist-dylan-mulvaney\">Kid Rock<\/a>, <a href=\"https:\/\/www.dailywire.com\/news\/it-was-well-deserved-matt-walsh-reacts-to-bud-light-beatdown-gives-a-key-piece-of-advice\">Matt Walsh<\/a>, <a href=\"https:\/\/www.dailywire.com\/news\/john-rich-says-cases-and-cases-of-bud-light-piling-up-at-his-nashville-bar-after-mulvaney-partnership\">John Rich<\/a>, <a href=\"https:\/\/www.dailywire.com\/news\/john-rich-travis-tritt-join-boycott-of-bud-light-after-brand-partners-with-dylan-mulvaney\">Travis Tritt<\/a>, and <a href=\"https:\/\/twitter.com\/TPostMillennial\/status\/1645594441346891778\">Tucker Carlson<\/a>, among others.<\/p>\n<p>Joe Rogan, a renowned figure on the political right, <a href=\"https:\/\/www.dailywire.com\/news\/joe-rogan-takes-surprising-stance-on-bud-light-controversy\">dismissed<\/a> the outrage directed at the company during an episode of his podcast &#8220;The Joe Rogan Experience&#8221; this week while having a Bud Light.<\/p>\n<p>Rogan pointed out that the partnership will attract more people to try the brand, and he does not understand the controversy surrounding the deal. He also expressed his appreciation for the backlash, including Kid Rock <a href=\"https:\/\/www.dailywire.com\/news\/kid-rock-blasts-bud-light-for-partnering-with-trans-activist-dylan-mulvaney\">destroying<\/a> Bud Light cans.<\/p>\n<p>Rogan also added that he found it amusing that people were excessively outraged about the matter.<\/p>\n<p>This controversy highlights the increasing power of cancel culture and social media in pressuring companies to rethink their partnerships with celebrities and influencers.<\/p>\n<p><strong>Related: <a href=\"https:\/\/www.dailywire.com\/news\/new-details-emerge-over-mistake-that-led-to-bud-lights-paid-marketing-engagement-with-trans-influencer\">New Details Emerge Over &#8216;Mistake&#8217; That Led To Bud Light&#8217;s Paid Marketing Engagement With Trans Influencer<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beer juggernaut Anheuser-Busch, the parent company of Bud Light, has lost billions of dollars in its market value in the days after a public relations nightmare erupted following its paid partnership with a controversial transgender influencer. The New York Post reported that the value of the company plummeted by more than $5 billion as stock<\/p>\n","protected":false},"author":102,"featured_media":1914670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[18499,5425,6733,3867,5339,5987,4545,10328,7037],"class_list":["post-1914669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-bud","tag-company","tag-controversy","tag-influencer","tag-light","tag-lost","tag-market","tag-parent","tag-trans"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1914669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1914669"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1914669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1914670"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1914669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1914669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1914669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}