“They’ve lost $6.7 billion so far and that number continues to climb.”
BUD stock gained $2 billion today.
Those types of stock movements are nothing to get excited. You can find that level of variation several times a month in most stocks - nothing to get excited over.
BUD market valuation is $133 billion today. A month ago it was 5% lower or about $126 billion.
So even with this PR disaster they’re ahead of where they were a month ago.
Let’s see what the trend is over the next month and then six months.
The company is now ahead?
Then they should put a can with two homos on it humping each other.
I bet their stock would sky rocket! Right?