Dow's 239-point Fall Led By Losses In Shares Of Walt Disney, Apple Inc.

Molson Coors Beverage Co

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Consumer Staples : Beverages | Mid Cap Value

Company profile

Molson Coors Beverage Company is a holding company. It is engaged in brewing beverages. The Company operates through two segments: Americas and EMEA&APAC. The Americas segment consists of the production, marketing, and sales of its brands and other owned and licensed brands in the United States, Canada, and various countries in Latin and South America. It also has contract brewing agreements to brew, package and ship products. The EMEA&APAC segment consists of the production, marketing, and sales of its brands as well as several smaller regional brands in the United Kingdom, Central Europe, and various other European countries, along with certain countries within the Middle East, Africa, and the Asia Pacific. It also has licensing agreements and distribution agreements with various other brewers. The Company's brands include Blue Moon, Carling, Coors Banquet, Coors Light, Miller Lite, Leinenkugel’s Summer Shandy, Creemore Springs, Hop Valley and more.

Dow's 239-point Fall Led By Losses In Shares Of Walt Disney, Apple Inc.

9:46 am ET May 12, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

The Dow Jones Industrial Average is declining Thursday morning with shares of Walt Disney and Apple Inc. facing the biggest setback for the price-weighted average. The Dow DJIA was most recently trading 239 points, or 0.8%, lower, as shares of Walt Disney DIS and Apple Inc. AAPL have contributed to the index's intraday decline. Walt Disney's shares have fallen $3.95, or 3.8%, while those of Apple Inc. have dropped $4.96 (3.4%), combining for an approximately 59-point drag on the Dow. Other components contributing significantly to the decline include Boeing BA, American Express AXP, and Salesforce Inc. CRM. A $1 move in any of the benchmark's 30 components equates to a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2022.

(END) Dow Jones Newswires

May 12, 2022 09:46 ET (13:46 GMT)

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Dow's 239-point Fall Led By Losses In Shares Of Walt Disney, Apple Inc.