Anheuser-Busch InBev faces Bud Light crisis, HSBC downgrades stock.

HSBC downgraded Anheuser-Busch InBev to hold, citing a "Bud Light crisis" after a recent social media partnership resulted in backlash and boycotts. The analyst questioned the company's leadership and response to the crisis, as well as its ability to invite new consumers without alienating its core base. While the company reported a spike in profit for Q1, there was a steep drop in beer sales in April. However, strength abroad is helping the stock.