U.S. Surgeon General Dr. Vivek Murthy issued a Surgeon General's Advisory on Friday, warning of the connection between alcohol use and cancer risk. "This advisory highlights alcohol use as a leading preventable cause of cancer in the United States,

In a new advisory, Surgeon General Vivek Murthy recommended that labels on alcoholic beverages be updated to include a warning about cancer risk.

Shares in beer, wine and spirits companies such as Anheuser-Busch InBev, Boston Beer and Constellation Brands fell after the U.S. Surgeon General said alcoholic beverages should carry cancer warnings.