How do they figure the billions of losses in value? The stock share price hasn’t changed to that degree.
Yes it has. AB has 1.74 billion shares of stock outstanding.
Stock is down around $8 per share.
Multiply the price reduction times the outstanding shares to see the reduced
market capitalization- in this case 8 times 1.74 billion.
Bud stock price is down 12.26% in the last month. On a market cap of $100.22B.
That’s a hefty price for wokeness.