Trump Endorses Anheuser-Busch Following UFC President's Request, Stock Sees Uplift
Former President Donald Trump's endorsement of Anheuser-Busch, urged by UFC President Dana White, leads to a stock price increase amid ongoing conservative boycott.
- UFC President Dana White personally requested Donald Trump to support Anheuser-Busch, aiming to counteract the backlash from a controversial Bud Light ad.
- Trump's endorsement on Truth Social highlighted Anheuser-Busch's contributions to American agriculture, employment, and military families, advocating for a 'second chance' for the company.
- Following Trump's post, Anheuser-Busch's stock price experienced a 3% increase, recovering towards its peak value of the previous year.
- Critics and supporters within the conservative community have had mixed reactions to Trump's endorsement, with some denouncing the move and others praising it.
- Trump's financial ties to Anheuser-Busch, including up to $5 million in stock and plans to attend a fundraiser hosted by a lobbyist for the company, raise questions about the motives behind his support.