Whatever happened to Beer stocks?

I am looking at BUD and SAM. These stocks have been horrible in the last 2 years.

I take it they are facing demographic headwinds. Boomers stopped drinking and millennials can't drink (Seltzer).


some investors would say the stock is horrible.
some traders would say the stock is great/fantastic.


about 3 years ago, BUD broke the neckline.
the only problem for the trader who shorted it was that
it went down very very slowly.


beer can be made anywhere in this world.
you don't need to have the secret recipe / holy water / spring water to make it.
so it will be a challenge for the stock price to increase massively.
 
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I've gone through a bunch of those links, and not one of them links a non-vegan ingredient in the recipe. All I see are people describing the aroma and taste of non-vegan ingredients.

Here is the first one I looked at.
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Lactose is not vegan.
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If I see a stock of beer and I drink it, then what's that to you?! If I drank them all, then just call me a selfish bastard and move on with your life. There is no need to draw attention to the beer drinker drinking all the store's stocks. That is just a good customer.

And what is this with gluten free beer? It might be gluten free but the dinosaur fossil fuel needed in order to bring the IPA pour to my lips is here to stay, whether you're vegan or not. It's what makes our cars go vroom and our bellies gurgle.

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