Constellation Brands is facing a significant downturn as the Trump administration's immigration policies negatively impact its core Latino consumer base. The company, which owns popular beer brands Modelo and Corona, has seen its sales plunge and its stock drop nearly 40% this year as fear within Latino communities leads to reduced social outings and spending. This trend poses a substantial threat to Constellation's growth strategy, which has heavily relied on the increasing popularity of its Mexican beer brands within this demographic. While the company has made efforts to broaden the appeal of its brands to non-Hispanic consumers, the current pullback from its key market segment is causing a significant financial impact. No immediate market reaction for the day was available.