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Did you hear about the $6B "loss" back in early March? Over the course of about a week, stock prices dropped about $3/share back then, too.
Oh, you didn't hear about that "loss"? Now, that's odd, isn't it?
This loss was because of dumbass marketing move that was so silly is why it's making the news. You've got an unhinged lunatic prancing around doing a lousy vaudeville style impression of what a woman is.
Who do these marketing people think that they are going to win over with this kind of marketing ploy. Put aside the trans issue. You've got beer drinking good ol boys that are blue collar workers that probably want a respite from political issues being shoved down their throats.
I'm sure on the day-to-day level, most people don't actively care what adults do to their bodies, we're just sick and tired of this 24/7 barrage we're seeing these days.
The other was most likely something far less "newsworthy."
Did you hear about the $6B "loss" back in early March? Over the course of about a week, stock prices dropped about $3/share back then, too.
Oh, you didn't hear about that "loss"? Now, that's odd, isn't it?
Hasn't Bud Light been losing market share steadily for some time now? Wasn't that why so-called "woke" marketing lady was called in in the first place?
I no longer follow much in the way of any individual stocks anymore. But as the markets are currently down, and these sorts of escapades tend to exaggerate stock values in the short term, this stock could well be a good longer term buy right now. Assuming inflation and rates come down in the medium term.
For instance I eventually made some good money buying Motorola with the brain cancer scare back in the '90's.
Not enough dip to be a contrarian buy. It's just a 3-5% dip. For some people like the Gun Nut who go chicken little every time a stock price moves either way, they might think it's significant but a 3-5% movement isn't notable. If there was mass hysteria and a 40% dip in a few weeks because some homophobes needed to virtue signal and it spooked the market, I'd agree with you. I did well shorting the Gamestop stock during the squeeze for a quick buck. That was kind of liking robbing kids in the candy store. I don't really see a move either way with BUD though.
Long-term there's the issues that have driven BUD down 50% but those really haven't changed any. Basically it's not a notable stock. I wouldn't really do anything with it either way. Conversely if you're a Gun Nut type outlook and think a 3-5% price change isn't reflecting some downside event of epic proportion, you could short the stock. I don't see it and really very little short volume. I don't pay for the most recent data though so maybe there actually is as the free short interest reports are a few weeks back.
Hasn't Bud Light been losing market share steadily for some time now? Wasn't that why so-called "woke" marketing lady was called in in the first place?
They certainly have, yes. For decades. Craft beer is the culprit.
I'm not talking about the stock price. I said "market value".
Umm....
Quote:
Market value is also commonly used to refer to the market capitalization of a publicly traded company, and is calculated by multiplying the number of its outstanding shares by the current share price.
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