AB InBev loses $13 billion in value as beer drinking slows in Brazil and South Korea

October 25, 2019 admin Business News Comments Off on AB InBev loses $13 billion in value as beer drinking slows in Brazil and South Korea

Anheuser-Busch InBev saw more than $13 billion wiped off its market value on Friday, after a profit warning and weaker-than-expected third-quarter earnings growth sparked by reduced demand for its beer in Brazil and South Korea.

…read more

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.

Source:: Reuters – Business News