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Heavy Seas Beer Files for Chapter 11 Bankruptcy, Will Keep Brewing

Published . Updated .

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Heavy Seas Beer Files for Chapter 11 Bankruptcy, Will Keep Brewing

Maryland’s Heavy Seas Beer filed for Chapter 11 bankruptcy to reorganize. The 30-year-old brewery will keep brewing, and its Halethorpe taproom stays open.

Directly affected

  • No company is named in this report.

Indirectly affected

  • PBJ Invesco Food & Beverage ETF

    Invesco Food & Beverage ETF: it tracks beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

  • XLP Consumer Staples Select Sector SPDR-1.3% 7d

    Consumer Staples Select Sector SPDR: it tracks beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

  • SAM The Boston Beer+31.2% 30d

    The Boston Beer (malt beverages): it is exposed to beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

  • BUD Anheuser-Busch InBev+4.3% 30d

    Anheuser-Busch InBev (malt beverages): it is exposed to beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

  • STZ Constellation Brands+27.6% 30d

    Constellation Brands (beverages): it is exposed to beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

  • TAP Molson Coors Beverage+8.8% 30d

    Molson Coors Beverage (malt beverages): it is exposed to beer, wine and spirits. Linked by “beer” (beer, wine and spirits) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PBJ-0.23%+0.36%baseafter closeafter closeafter closeafter close
XLP-1.08%-0.03%base+1.16%after closeafter closeafter close
SAM+0.40%+0.08%base+0.98%after closeafter closeafter close
BUD+0.11%+2.62%base+1.24%after closeafter closeafter close
STZ-1.76%+0.65%base+1.37%after closeafter closeafter close
TAP+1.93%+1.07%base+2.52%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Heavy Seas Beer Files for Chapter 11 Bankruptcy, Will Keep Brewing Beer Street Journal

Source: Beer Street Journal

This story

CompanyWhenMoveStatus
BUDthat day+1.24%still updating
BUDthree days earlier+2.62%final price
BUDfive days earlier+0.11%final price
PBJthree days earlier+0.36%final price
PBJfive days earlier-0.23%final price
SAMthat day+0.98%still updating
SAMthree days earlier+0.08%final price
SAMfive days earlier+0.40%final price
STZthat day+1.37%still updating
STZthree days earlier+0.65%final price
STZfive days earlier-1.76%final price
TAPthat day+2.52%still updating
TAPthree days earlier+1.07%final price
TAPfive days earlier+1.93%final price
XLPthat day+1.16%still updating
XLPthree days earlier-0.03%final price
XLPfive days earlier-1.08%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100Price not final

“Heavy Seas Beer Files for Chapter 11 Bankruptcy, Will Keep Brewing” scores 12 out of 100. The score uses 1 sources. The price is not final yet.