OPINION | This article contains opinion that reflects the author's views.
The market value of Anheuser-Busch has plummeted more than $5 billion as a result of boycotts following the company’s decision to partner with controversial transgender activist Dylan Mulvaney.
Mulvaney’s face was added to cans in order to celebrate one year of “girlhood,” marking Mulvaney’s decision to change genders from male to female.
Bud Light’s parent company, Anheuser-Busch, saw its share drop by roughly 4%.
This decreased the company’s market capitalization from $132.38 billion to $127.13 billion.
Mulvaney accused critics of bullying her during an appearance on Rosie O’Donnell’s podcast.
Mulvaney said, “The reason that I think I am so … I’m an easy target is because I’m so new to this.”
“I think going after a trans woman that’s been doing this for like 20 years is a lot more difficult. I think maybe they think that there’s some sort of chance with me … But what is their goal?”
“These people, they don’t understand me, and anything that I do or say then somehow gets taken out of context and is used against me and it’s so sad because everything I try to put out is positive.”
“It’s trying to connect with others that maybe don’t understand me. It’s to make people laugh or to make a kid feel seen.”
More from NY Post:
Mulvaney had posted videos and photos on social media promoting her sponsorship deal with Bud Light, which produced specially made cans with Mulvaney’s likeness to commemorate the partnership.
The Mulvaney endorsement deal prompted Kid Rock to shoot up several cans of Bud Light with an assault rifle.
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The backlash even prompted a local Missouri distributor to cancel an appearance by the famous Budweiser Clydesdale horses due to fears for the safety of staffers.