#FakeNews - I’ve been watching their stock. It was $66/share when this went down, which is just $1 under their 52 week high and $20+ higher than their 52 week low. Anyone thinking buttwiper is hurting over this nonsense are only kidding themselves. I expect them to double down on the ignorance soon.
THe stock is being artificially propped up by Soros and blackrock.
Indeed I checked the charts on BUD as well. The drop of the last few days is unremarkable in size and blends in with its typical movement. Not newsworthy apart from it being after the ridiculous trans ads.
Except sales are way way down I’ve heard. Stock can only stay up so long and then lack of sales will drag it down.
Stock price isn’t revenue. Stock prices mean nothing to anyone except those looking to cash out.
My thoughts exactly....and they are up 1.5% today (along with the rest of the market)
I think if this does have an effect, we may see it in their earnings call in about 20 days.