Boston Beer slumps as Wall Street loses thirst

Boston Beer Company shares slumped on Friday after the brewer of Sam Adams posted quarterly revenue below Wall Street's expectations and warned that it lost business to a growing legion of small craft brewers. In the March quarter, Boston Beer launched Samuel Adams Nitro White Ale, Samuel Adams Nitro IPA, Samuel Adams Nitro Coffee Stout and Samuel Adams Rebel Grapefruit IPA.