Earnings Week Ahead: TLRY, WBA, DAL, STZ, CALM and More
The USA is going to add a "cancer warning" to alcoholic beverages, causing stocks related to alcohol to decline across the board.
The USA government's Medical Director Murthy has called for the addition of cancer risk warning labels on Alcoholic Beverages, stating that alcohol causes about 100,000 cancer cases and 20,000 cancer deaths in the USA each year. After the announcement, the stock price of Rémy Cointreau in France fell by 5%, and major beverage companies such as Anheuser-Busch Inbev and Diageo also saw declines.
Santa Clause Came and Went Without Bringing Gifts | Weekly Buzz
Friday? More Like Grinch Day | Wall Street Today
Alcohol Stocks Are Falling Today: What's Going On?
What's Going On With Constellation Brands (STZ) Stock?