Bud Light Loses Top Spot After Backlash Over Transgender Influencer Partnership

Bud Light faced criticism from conservatives after partnering with transgender influencer Dylan Mulvaney.
The backlash led to calls for a boycott that caused Bud Light's sales to drop significantly.
Due to declining sales, Bud Light lost its position as America's top-selling beer to Modelo Especial in May.
The controversy has divided Americans, celebrities, and country music artists on their support for Bud Light.
Anheuser-Busch's CEO plans a summer tour to listen to consumers in the aftermath of the backlash.