Alcohol stocks fall after U.S. Surgeon General advisory on cancer risk

Alcohol stocks were lower early Friday after an advisory from the U.S. government’s top medical expert on the link between consumption and cancer. The stocks of alcohol makers and distributors fell across the board early Friday, after the U.S. Surgeon General released a new advisory warning of the link between booze and cancer risk. Alcohol consumption is the third leading preventable cause of cancer in the U.S., after tobacco and obesity, said Dr. Vivek Murthy, yet many Americans are unaware of the risks.