'Corona Beer Virus?' Global Epidemic Is Taking Real-Life Toll on the Beer
Apparently people think the coronavirus actually has something to do with Corona beer and now the beer company is taking a hit. There are reports of an increase in online searches for “corona beer virus” and “beer coronavirus” and the purchase intent among adults in the U.S. has plunged to the lowest in two years, according to data from YouGov Plc.
In the last few days, shares of Corona-maker Constellation Brands Inc. dropped 8 percent. Corona’s buzz score, which tracks whether American adults aware of the brand have heard positive or negative things about it, has fallen from 75 at the start of the year to 51.