Heineken and other drink stocks just got whacked after a warning bad weather in Europe will curb beers in the sun

European drink stocks are dropping after an analyst warned bad weather could mean beverage sales go flat this summer. Shares in Carlsberg, Heineken, and Fever-Tree closed more than 2% lower on Friday. Jefferies analyst Edward Mundy warned summer sales could falter compared with last year, when they benefited from a heatwave, a FIFA World Cup, and a British royal wedding. Watch Carlsberg, Heineken, and Fevertree Drinks trade live.

European drink stocks are dropping after an analyst warned bad weather could mean beverage sales go flat this summer. Shares in Carlsberg, Heineken, and Fever-Tree closed more than 2% lower on Friday. Jefferies analyst Edward Mundy warned summer sales could falter compared with last year, when they benefited from a heatwave, a FIFA World Cup, and a British royal wedding. Watch Carlsberg, Heineken, and Fevertree Drinks trade live.

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What a negative campaign..

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