To: EliRoom8
The executive’s comments come as the beer colossus has seen its market value plummet by some $5 billion since the campaign was launched April 1. A $5 BILLION loss of market value in less than 2 weeks? I think we got their attention. I don’t think A-B, an in turn InBev, is going to recover from that for a while.
31 posted on
04/14/2023 1:14:36 PM PDT by
AF_Blue
(My decision-making skills closely resemble those of a squirrel when crossing a road)
To: AF_Blue
A $5 BILLION loss of market value in less than 2 weeks? I think we got their attention. I don’t think A-B, an in turn InBev, is going to recover from that for a while.
That doesn't mean anything. Wait for the next couple quarterly reports / annual statements and compare that to the last few. Then we'll know if they're actually hurting.
I would help, but I've avoided them (and their 'craft' subsidiaries) since they sold themselves to foreigners.
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