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Stock prices of Heineken, part of the AEX stock exchange in the Netherlands, decreased by over twenty percent during March 2020. This was partly caused by concerns over the coronavirus outbreak, as consumer demand could decrease and industries possibly face the effects of a looming recession in 2020. First estimates forecast that the Dutch economy, for example, could see its growth slow down significantly due to the new virus. As of April 19, 2023, the Heineken stock price had partially recovered to reach 103.85 euros, roughly at same level with its early 2020 peak. As of April 19, 2023, the Heineken stock price had partially recovered to reach 103.85 euros, roughly at the same level as its early 2020 peak. However, the subsequent years witnessed notable fluctuations, experiencing a substantial decline to 67.1 euros by the end of January 2025.