Budweiser Parent AB InBev Stock Falls as Beer Volumes Decline

Key TakeawaysAB InBev missed third-quarter revenue expectations as the brewer posted a surprise drop in beer volumes.U.S. sales were positive for the first time since before the controversy over the company's relationship with transgender influencer Dylan Mulvaney led to a Bud Light boycott.AB InBev announced a $2 billion share repurchase. American depositary receipts (ADRs) of AB InBev (BUD) slumped 5% Thursday morning as the world's biggest beermaker missed sales estimates on a surprise drop in beer volum ...