Here are the risks to alcohol and food stocks from Ozempic-like weight loss drugs

  • 📰 CNBC
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Unlike the sharp slide in snack stocks, shares of Constellation Brands (STZ) have gained more than 13% year to date.

The rise of new anti-obesity medications could result in less alcohol consumption, impacting Club name Constellation Brands . The risk already seems to be playing out in food stocks with exposure to snacks and junk food. However, if necessary, the Mexican beer powerhouse behind Corona, Modelo and Pacifico could take action to mitigate any demand pressures.

The rise of new anti-obesity medications could result in less alcohol consumption, impacting Club name

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines