In August, just months after the Mulvaney advertising ran in April, it was reported that Anheuser-Busch InBev had suffered a staggering $390 million drop in US sales.
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Stunning that their share prices went from $52 at the end of October to $61 as of today.... I sure don’t get it.
They have a diversified portfolio of which Bud Light is a very small percentage and combined with the total and complete destruction of America by Biden, people are naturally drinking more.
Even in grade school, we learned when we were beaten to cry UNCLE.
Institutional investors trying to cover for the wokesters.
In theory (in an efficient market with perfect information) the stock price represents the present value of future discounted cash flows.
Because of economies of scale (i.e., the factories are still open and costing money to operate even though some are running at well below production capacity) loss of revenue is disproportionately harmful to profitability.
In English what that means is if you flush a bunch of cash down the toilet (because you were a stupid pervert company) month after month forever the stock price will subtract the toilet cash from the other cash before multiplying by the cost of capital (equity portion) to get the stock price.