Ron DeSantis has told his government to investigate whether Bud Light's parent company breached its duties to shareholders as a conservative backlash continues to rage over the beer brand's deal with transgender social media influencer Dylan Mulvaney.
Shares of AB InBev are down about 2% this year, while the broader market is up.
Sales of Bud Light have plummeted in the wake of conservative uproar and a boycott over the Mulvaney partnership.
The firm also found Bud Light sales are down by about 25% from last year.
Mulvaney has criticized Bud Light for not standing by her during the boycott.
Persons:
Ron DeSantis, Bud Light's, influencer Dylan Mulvaney, DeSantis, Lamar Taylor, Bud Light, Bump, Bud, there's, Florida's, Disney, Donald Trump's, Taylor, Mulvaney, I've
Organizations:
Florida, United, Israel Summit, Crystal Gateway Marriott, Florida Gov, Republican, State Board of Administration, SBA's, InBev, Constellation Brands, Especial, Anheuser, Busch InBev, CNBC, Fox, Disney, Trump, GOP, NBC
Locations:
Arlington , Virginia, U.S, Florida