Anheuser-Busch InBev Stock Price Rises 6%

Anheuser-Busch InBev’s stock price has increased by 6% in recent trading, outperforming the broader market. This uptick in the stock price comes as the company continues to navigate various market and economic trends.

Business Operations Impacted by External Factors

The company’s business operations have been impacted by external factors, including higher raw material costs and exchange rate fluctuations. As a result, some of its beer products have experienced price increases.

• Oriental Brewery, a major brewer, has announced a 2.9% price hike for its major beer products.

Controversy Surrounding San Francisco Pride Festival Sponsorship

Anheuser-Busch InBev has withdrawn its funding from the San Francisco Pride festival due to concerns over the festival’s stance on LGBTQ+ rights. The company, along with other major corporate sponsors, has ceased its sponsorship of the event.

Note: This information is based on publicly available data and may not reflect the company’s official statements or positions.