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To: Morgana

“lost $3billion in market cap value in recent days. The beer giant was worth $132 billion on March 31st”

Three billion is little more than a rounding error or slight fluctuation in this case. Now, if they take a quarterly loss or drop ten or fifteen percent, that might raise an eyebrow.

I haven’t bought Bud Light in twenty years or more, and won’t start now, so I won’t be much help this time.


57 posted on 04/12/2023 8:12:32 AM PDT by Larry Lucido (Donate! Don't just post clickbait!)
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To: Larry Lucido

Not a fan of A-B, but don’t read TOO much into price fluctuations until the drop is something outside the normal range.

Date Open High Low Close* Adj Close** Volume

Apr 12, 2023 64.40 64.52 63.56 64.10 64.10 2,510,892

Mar 31, 2023 66.99 67.09 66.39 66.73 66.73 1,393,500

Mar 13, 2023 59.55 60.18 59.43 59.48 59.48 1,997,200

Oct 26, 2022 46.66 47.71 46.63 47.22 47.22 1,481,900


64 posted on 04/12/2023 8:25:12 AM PDT by Larry Lucido (Donate! Don't just post clickbait!)
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To: Larry Lucido
There’s a lot of other brands that AB makes/owns. Some may surprise you.

Their beers:

656-D6-FEA-CDEE-4-DAA-9665-7-F49-E9914909

Their craft beers:

F5226805-76-D5-4041-B18-E-3063-AB38-C0-DA

Other products:

52-D89118-8-FE5-4145-A462-C44-D74-EBC72-C

These are all screenshots that I took directly from their website.

https://www.anheuser-busch.com/brands

77 posted on 04/12/2023 8:43:42 AM PDT by FamiliarFace (I got my own way of livin' But everything gets done With a southern accent Where I come from. TP)
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