Shares of beer companies are trading lower following weak earnings from Heineken.
Portfolio Pulse from Benzinga Newsdesk
Shares of beer companies are trading lower following weak earnings from Heineken.
July 29, 2024 | 2:32 pm
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NEGATIVE IMPACT
Ambev S.A. shares are trading lower following weak earnings from Heineken, which has negatively impacted the beer sector.
Heineken's weak earnings have created a negative sentiment in the beer sector, affecting Ambev S.A. shares.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Anheuser-Busch InBev shares are trading lower following weak earnings from Heineken, impacting the overall beer market.
As a major player in the beer industry, Anheuser-Busch InBev is affected by the negative sentiment from Heineken's weak earnings.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
NEGATIVE IMPACT
Boston Beer Company shares are trading lower following weak earnings from Heineken, which has affected the beer sector.
Heineken's weak earnings have led to a negative outlook for the beer sector, impacting Boston Beer Company shares.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Molson Coors Beverage Company shares are trading lower following weak earnings from Heineken, impacting the beer industry.
The negative sentiment from Heineken's weak earnings has affected Molson Coors Beverage Company shares.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50