Supreme Court Justice Samuel Alito joined the legion of savvy investors who dumped their Anheuser-Busch InBev stock when sales of the beer giant's Bud Light brand tanked after it partnered with transgender activist Dylan Mulvaney last spring.
Alito sold between $1,000 and $15,000 of AB InBev shares on Aug. 14, CNBC reported Monday, citing a financial disclosure filing.
On the same day, the justice purchased the same amount of stock in rival Molson Coors, according to the filing.
At the time of Alito's stock sale, Anheuser-Busch InBev was embroiled in a nationwide boycott by consumers who were turned off by its harebrained decision to promote its Bud Light brand by celebrating Mulvaney's "365 Days of Girlhood," a video series about his "transition."
It sent him a can of Bud Light with his face on it, which Mulvaney proudly displayed in an April 1, 2023, social media post.
