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AB InBev falls after cut to underweight at JPMorgan on rising raw material costs

Sep. 02, 2021 8:09 AM ETAnheuser-Busch InBev SA/NV (BUD) StockBy: Joshua Fineman, SA News Editor46 Comments

Anheuser-Busch Plans To Reject InBev Takeover Bid
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  • Anheuser-Busch InBev (NYSE:BUD) dropped 2.2% in premarket trading after it was cut to underweight from neutral at JPMorgan as beer conglomerate is likely to cut earnings further as raw material costs increase.
  • AB InBev is seeing the "largest

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