--- title: "U.S. stock market midday update: Splash Beverage down 13.51% with increased trading volume, volatility intensifies without positive support" type: "News" locale: "en" url: "https://longbridge.com/en/news/288466012.md" description: "Splash Beverage fell 13.51%; Constellation Brands-A fell 0.18%, with a transaction volume of USD 102 million; Diageo fell 0.33%, with a transaction volume of USD 51.93 million; Brown-Forman-B fell 0.76%, with a transaction volume of USD 31.72 million; Brown-Forman fell 1.06%, with a market value of USD 11.7 billion" datetime: "2026-06-02T18:28:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288466012.md) - [en](https://longbridge.com/en/news/288466012.md) - [zh-HK](https://longbridge.com/zh-HK/news/288466012.md) --- # U.S. stock market midday update: Splash Beverage down 13.51% with increased trading volume, volatility intensifies without positive support **U.S. Stock Market Midday Update** Splash Beverage, down 13.51%, with increased trading volume and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Trading Volume in the Industry** Constellation Brands-A, down 0.18%. Based on recent news, 1. On June 2, Constellation Brands announced that the Pacifico brand continues to be a driver of business growth. The Pacifico brand has performed strongly in the Circana channel, with sales continuing to grow, driving stock price volatility. 2. On June 2, Constellation Brands launched a new advertising campaign emphasizing the yellow packaging of Pacifico canned products, attracting consumer attention and further boosting sales. 3. On June 2, Constellation Brands stated that the Modelo brand still has growth potential but did not mention the Corona Extra brand, which may affect investor confidence. The overall industry performance is good, with significant capital inflow. Diageo, down 0.33%. Based on recent key news: 1. On June 1, competitors are attempting to attract the attention of UK consumers to other brands, which may impact Diageo's market share. According to the Financial Times, other brands are working to capture consumer attention, which could put pressure on Diageo's sales. 2. On May 31, Diageo was listed as one of the high dividend yield quality companies, with a weak market pushing up yields, providing investors with an opportunity to lock in high returns. Diageo is considered one of the companies with a strong dividend history, which may attract investors seeking stable income. The weak market has pushed up yields, attracting investors. Brown-Forman-B, down 0.76%. Based on recent key news: 1. On June 2, Brown-Forman announced the suspension of new whiskey production at its Slane distillery due to weak demand and market adjustments. Despite the production halt, the company stated that mature inventory will continue to supply Slane whiskey in the market. This move reflects the overall decline in Irish whiskey exports and global spirits sales, affected by tariffs and exchange rate fluctuations. 2. On June 2, the overall industry slowdown has negatively impacted Brown-Forman. The decline in Irish whiskey exports and global spirits sales, coupled with tariffs and exchange rate fluctuations, has led to reduced market demand for the company's products. 3. On June 2, market adjustments and weak demand led to a decline in Brown-Forman's stock price. The company's decision to suspend new whiskey production further exacerbated investor concerns, leading to a drop in stock price. The decline in global spirits sales and significant impacts from tariffs and exchange rate fluctuations. **Stocks with High Market Capitalization in the Industry** Brown-Forman, down 1.06%. Based on recent key news: On June 2nd, Brown-Forman announced the suspension of new whiskey production at its Slane distillery due to weak demand and market adjustments. Despite the production halt, the company stated that mature inventory will continue to supply the market with Slane whiskey. This move reflects the overall decline in Irish whiskey exports and global spirits sales, affected by tariffs and exchange rate fluctuations. 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