More bad news for Bud Light [CNN]
Constellation Brands, Inc. (STZ)
Last constellation brands, inc. earnings: 4/3 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
cbrands.com/investors
Company Research
Source: CNN
Another Anheuser-Busch InBev beer, Michelob Ultra, has surpassed Bud Light in its share of US draft lines, marking an end to several decades of dominance. That's according to data from Draftlines Technologies , a company that monitors more than 1 million tap lines. For many years, Bud Light was the biggest beer in draft share ahead of its growing sister brand Michelob Ultra. The gap started closing in the middle of last year, following a Bud Light boycott sparked by a one-off sponsored Instagram post featuring transgender influencer Dylan Mulvaney . Beyond the customer boycott, some bars also removed its tap — causing long-term damage to sales. Since then Michelob Ultra has gained in draft availability, surpassing Bud Light in November and continuing to grow in December, Draftlines data revealed. “Michelob Ultra has been on a path to surpass Bud Light as the no. 1 brand on draft in total taps for a number of years,” Jennifer Hauke, founder of Draftlines, told CNN. “The rise of
Show less
Read more
Impact Snapshot
Event Time:
STZ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STZ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STZ alerts
High impacting Constellation Brands, Inc. news events
Weekly update
A roundup of the hottest topics
STZ
News
- Forgotten in the cannabis crash is how the industry is a Canadian success story [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Constellation Brands, Inc. (NYSE: STZ) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $280.00 price target on the stock.MarketBeat
- The most-read industry analysis on Just Drinks in 2024 [Yahoo! Finance]Yahoo! Finance
- Michelob Ultra Surpasses Bud Light As Top Draft Beer, Data Shows [zero hedge]zero hedge
- Here's Why Constellation Brands (STZ) is a Strong Value Stock [Yahoo! Finance]Yahoo! Finance
STZ
Earnings
- 10/4/24 - Miss
STZ
Sec Filings
- 12/3/24 - Form 8-K
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- STZ's page on the SEC website