Surgeon general's warning sends alcohol stocks sliding

Spirit companies saw stock prices plummet Friday after the U.S. surgeon general recommended cancer warning labels, similar to those found on tobacco products, be added to alcohol.

Boston Beer Company — known for products such as Angry Orchard, Truly Hard Seltzer, Samuel Adams and Twisted Tea — measured a 3.83 percent downward spiral.

Molson Coors, the Canadian American brewer responsible for brands including Miller Lite and Coors Light, saw stock prices drop by 3.3 percent...