Alcohol stocks plummet after surgeon general warning on cancer links

Published



Stock prices for alcohol makers and distributors fell sharply early Friday morning after Surgeon General Vivek Murthy issued a new advisory report calling for Congress to enact legislation to add a cancer risk warning label on all alcohol products. 

According to the new report, alcohol is the third leading preventable cause of cancer in the United States, behind tobacco use and obesity, but nearly three-quarters of Americans are unaware that increased alcohol consumption raises cancer risk. 

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.