AB InBev Stock Jumps as Higher Prices Offset Weak North American Sales

Key TakeawaysAnheuser-Busch InBev shares rose in intraday trading Wednesday after the Belgian beer giant reported revenue above expectations as higher prices offset slightly lower volumes.Sales grew in a number of regions internationally, but continued to fall year-over-year in North America.AB InBev's Bud Light lost its spot as the top-selling beer brand in the U.S. last year to Constellation Brands' Modelo Especial after a boycott stemming from its partnership with transgender influencer Dylan Mulvaney. A ...