Michelob Ultra overtakes Modelo Especial as best-selling beer in the U.S.

1. Michelob Ultra surpassed Modelo Especial as the top-selling beer in the U.S. 2. Constellation Brands faces lower sales forecasts amid challenging economic conditions. 3. Modelo's decline is attributed to weaker demand from its primary Hispanic consumer base. 4. AB InBev's stock rose over 16% as Constellation's shares dropped 39% this year. 5. Tariffs and immigration policies negatively impacted Constellation's market performance.