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Bud Light loses title as America’s top-selling beer

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Bud Light is no longer America's top-selling beer, according to NIQ data given to consulting firm Bump Williams.

Modelo scored 8.4% of U.S. retail beer sales during the four weeks that ended June 3. During that time, Bud Light fell to No. 2 with 7.3%.

Bud Light's dollar sales dropped by more than 24% during that period. Modelo’s grew 12.2%.

Read more from CNN Business.

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