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International Bulk Wine and Spirits Symposium

Craft beer is eating wine’s lunch – and chomping away at Boston Beer. Is SAM no longer craft?

SAM stock down more than 8% on April 22: “We believe Samuel Adams has lost share due to the increased competition and continued growth of drinker interest in variety and innovation,” said Jim Koch, founder and chairman of Boston Beer.

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Source (and lots more info): Wall Street Journal