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Popular producers of alcohol a bumpy morning As investors reacted to the US Surgeon General's advice on alcohol and cancer.
As of early Friday afternoon, Molson Coors The stock was down 2.86% from where it started trading. Anheuser-Busch Inbev was down about 2.04%.
Coors Light is giving fans the chance to be featured in their cooler train during a Super Bowl commercial. (Alex Flynn/Bloomberg via Getty Images/Getty Images)
Those two big producers weren't alone.
Stock price of Boston Brewing Companywhich owns Samuel Adams, Twisted Tea and other brands, fell 1.88 percent. Brown-Forman, known for brands such as Jack Daniel's and Woodford Reserve, fell about 1.26 percent.
Jack Daniels Tennessee Whiskey is featured at the 6th Annual Kentucky Fillies & Stallions Party hosted by Black Rock Thoroughbreds along with Tito's Vodka, Jack Daniel's and Red Bull on May 6, 2016 in Louisville, Kentucky. (Photo by Robin Marchant/Getty Images for Arc Endeavors)/Getty Images)
Constellation Brands was trading at $220.54, down 0.93% from the day's start.
| tick tick | security | the last | change | change % |
|---|---|---|---|---|
| tap | Molson Coors Beverage Company | 55.27 | -1.93 |
-3.37% |
| bud | ANHEUSER-BUSCH INBEV | 48.86 | -1.07 |
-2.14% |
| Sam | BOSTON BEER CO. Inc. | 289.74 | -11.63 |
-3.86% |
| BF.B | Brown-Forman Company | 36.26 | -0.93 |
-2.49% |
| STZ | CONSTELLATION BRANDS INC. | 221.95 | -0.64 |
-0.29% |
which followed Consulting General Surgeon Dr. Vivek Murthy About the “direct link” between alcohol and an increased risk of cancer.
The association of alcohol with cancer risk in the new US Surgeon General's Advisory
Alcohol consumption is “the third most preventable cause of cancer in the United States,” the advisory, released Friday morning, said.
Scientific evidence of a “causal relationship between alcohol consumption and an increased risk of at least seven different types of cancer, including breast (in women), colorectum, esophagus, liver, mouth (oral cavity), throat (pharynx), and chest.” indicates voice. larynx),” the advisory also said.
Moretti proposed several measures that he said could help “start reducing alcohol-related cancers” in America. They include adding a cancer risk warning to the Surgeon General's alcohol warning label, increasing risk education and reevaluating the “recommended limits for alcohol consumptionBased on advice.
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The currently required Surgeon General's label reads: “Government warning: (1) According to the Surgeon General, women should not drink alcohol during pregnancy because of the risk of birth defects. (2) Drinking alcohol impairs your ability to drive.” The machine or machines are working and may cause health problems.”
Congress has the authority to update this label.
“This recommendation provides steps we can all take to raise awareness of alcohol-related cancer risk and minimize harm,” Moretti said in a statement.
A large selection of bottles of cocktails and alcohol in one bar. (Gudong Group/Universal Pictures via Getty Images/Getty Images)
According to this recommendation, about 45% of Americans were aware of the cancer risk of alcohol.
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Gallup reported in August Among Americans who drink alcohol, 34 percent said they drink beer “mostly.” Meanwhile, a third favored wine.
According to Gallup, about 29 percent of Americans who drink alcohol report that liquor is what they drink most often.
Fox News Digital's Melissa Rudy contributed to this report.