Justice Alito sold Bud Light stock amidst anti-trans boycott effort
At 4:37 p.m. on Sunday, August 13, 2023, far-right, anti-LGBTQ influencer Chaya Raichik of Libs of TikTok posted a pre-transition photograph of transgender influencer Dylan Mulvaney, calling her “a dude,” on Twitter, now known as X.1
The post came months into a manufactured, anti-transgender controversy over Mulvaney’s minor participation in a Bud Light March Madness campaign, which led to a boycott of the beer and its maker, Anheuser-Busch, more broadly. By mid-May, The Wall Street Journal reported on how the boycott was leading to a downswing in Bud Light sales and upswings in sales of both Miller Light and Coors Light, both made by Molson Coors.
Raichik’s post followed stories at the end of July and beginning of August detailing the negative effects of the boycott on the beer’s brand and sales. As of this weekend, the post had more than 8 million views, per X’s data, most of which were likely amassed in the days after it was posted last summer. As with most of what Raichik does, the post was intended to inflame the passions of anti-trans people online, and it worked — although it also prompted responses from Mulvaney’s supporters as well. By the next morning, Ari Drennen, the LGBTQ program director at Media Matters posted a video of Mulvaney with a supportive note:
Later that day, something happened more quietly as well: According to a periodic transaction report posted but now unavailable in the Federal Judicial Financial Disclosure Reports database, Justice Sam Alito sold at least some of his stock in Anheuser-Busch and bought stock in Molson Coors on Monday, August 14, 2023......
On May 16, the justices considered for the first time whether to grant those petitions and hear one or more of the appeals in the fall — cases in which the justices are being asked to decide, among other questions, whether the bans on gender-affirming care for minors violate the constitutional guarantee of equal protection of the laws.
https://www.lawdork.com/p/alito-bud-light-stock-sale-anti-trans-boycott
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