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Supreme Court Justice Alito sold Bud Light stock, then bought Coors, during boycott - TL;DR CNBC

Supreme Court Justice Alito sold Bud Light stock, then bought Coors, during boycott

Publishing timestamp: 2024-05-20 13:41:53


Summary

Supreme Court Justice Samuel Alito sold shares of Anheuser-Busch amid a boycott of the company over its partnership with a transgender social media influencer. Alito then bought shares of Molson Coors on the same day. This has raised accusations of engaging in partisan politics, despite a code of conduct for justices. Alito's stock activity came to light after an upside-down U.S. flag was flown at his home following the Jan. 6 riot at the U.S. Capitol.


Sentiment: MIXED

Tickers: BUDABI-BETAP

Keywords: business newsjoe bidenanheuser-busch inbev sabreaking news: politicsdonald trumpelectionsmolson coors beverage copolitics

Source: https://www.cnbc.com/2024/05/20/supreme-court-alito-sold-bud-light-stock-bought-coors-boycott.html


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