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Brexit Friday’s winners, (mostly) losers, and a luxury train wreck among wine, beer and spirits stocks

The quick summary pf the alcoholic beverage train wrecks:

  • Constellation managed to hold losses to about 1%. Diageo and Treasury Wine Estates outperformed the overall market.
  • Small caps Truett-Hurst and Crimson Wine Group had minor scratches and abrasions.
  • Bud, MolsonCoors,  Heineken and Brewers Alliance followed the market to the bottom.
  • SABMiller truly tanked with twice the percentage loss of the overall market.
  • Both Pernod Ricard shares performed worse than the market.
  • LVMH wound up in the deepest part of the toilet.

 


Right-click on any chart to view a larger image.

(Source: Ameritrade)

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