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Ben & Jerry’s Parent Company Loses An Estimated $2.5 Billion After July 4 Tweet About ‘Stolen Indigenous Land’
Daily Caller ^ | 7/6/23 | James Lynch

Posted on 07/06/2023 8:07:01 PM PDT by DeathBeforeDishonor1

Unilever, the parent company of Ben & Jerry’s, lost billions in market cap after the ice cream brand celebrated July 4th with an unpatriotic tweet about American history.

Unilever’s share price went from $52.32 per share to $51.37 per share, erasing an estimated $2.5 billion in market cap as social media users called for a boycott, according to Google finance data. The packaged goods conglomerate saw its market cap drop from roughly $133 billion to $131 billion because its share price.

Ben & Jerry’s marked July 4th by tweeting that “the US exists on stolen Indigenous land.” It also included a link to a petition on the company’s website about returning Mount Rushmore to the Lakota tribe. The South Burlington, Vermont-based company has not returned its land to any of the Native American tribes recognized by the state.


TOPICS: Front Page News; Miscellaneous
KEYWORDS: boycott; gowokegobroke; icecream; july4th; unilever; woke
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I cant boycott them .... Ive opnly discriminated against them because they are gay for the last 25 years. Never buy their garbage.
1 posted on 07/06/2023 8:07:01 PM PDT by DeathBeforeDishonor1
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To: DeathBeforeDishonor1

I don’t boycott; I just don’t buy their crap. I hope their losses far surpass Pud Light’s losses.


2 posted on 07/06/2023 8:10:12 PM PDT by Carriage Hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: DeathBeforeDishonor1

Gay Yankee ice cream. Never had it.


3 posted on 07/06/2023 8:12:04 PM PDT by crusty old prospector
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To: DeathBeforeDishonor1

Keep it up! Boycott these scumbags that want to destroy our wonderful country.


4 posted on 07/06/2023 8:13:41 PM PDT by wjcsux (On 3/14/1883 Karl Marx gave humanity his best gift, he died. )
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To: DeathBeforeDishonor1

Well the market was down 1% on inflation worries. For a large cap stock like unilever, can you really do cause and effect analysis where the difference is political rather than general market trend?


5 posted on 07/06/2023 8:15:37 PM PDT by kvanbrunt2
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To: DeathBeforeDishonor1

A share price drop of 1.5% is truly lost in the daily noise. It has nothing to do with woke or boycott.


6 posted on 07/06/2023 8:17:35 PM PDT by ProtectOurFreedom (I don’t like to think before I say something...I want to be just as surprised as everyone else.)
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To: kvanbrunt2

Exactly. Good luck disaggregating the causes of the price drop which was just slightly more than the overall market drop.

If you could divine that, you would be very wealthy.


7 posted on 07/06/2023 8:18:41 PM PDT by ProtectOurFreedom (I don’t like to think before I say something...I want to be just as surprised as everyone else.)
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To: DeathBeforeDishonor1

Who wants to consume their queer jerk juice ice cream?

NOt I said the lttle red hen.

They want war.


8 posted on 07/06/2023 8:19:33 PM PDT by Candor7 (( Ask not for whom THE Trump trolls...He trolls for thee!)<img src=""width=500></img>)
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To: DeathBeforeDishonor1

Talk about misinformation. Also talk about no context compared to all the other countries of the world. Good grief.


9 posted on 07/06/2023 8:21:39 PM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: DeathBeforeDishonor1

Excellent marketing strategy Ben & Jerry- please do keep it up=-


10 posted on 07/06/2023 8:22:38 PM PDT by Bob434
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To: DeathBeforeDishonor1
A couple of Jewish boys whose ancestors came from Eastern Europe claim America is the oppressor. LOL.

11 posted on 07/06/2023 8:29:53 PM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: DeathBeforeDishonor1
This isn't the first time they've shot themselves in the foot in their hellbent pursuit of leftwing fashion. Back in the '90s they announced with great hoopla that they were looking for a non-white to be their new CEO. Yay! They waded thru some 20,000 applications and chose black businessman Robert Holland. Again with the hoopla. He lasted about 18 months and then was quietly shown the door sans hoopla.
12 posted on 07/06/2023 8:33:59 PM PDT by Blurb2350 (posted from my 1500-watt blow dryer)
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To: DeathBeforeDishonor1

The Sioux were latecomers. They stole the Black Hills from the Cheyenne. The Arikara were there before that.


13 posted on 07/06/2023 8:35:40 PM PDT by x
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To: ProtectOurFreedom; kvanbrunt2

Sadly, the ‘conservative’ new media have undistinguished themselves recently when it comes to stock market moves with wokey firms.

With Bud Light, the media chased Anheiser-Busch’s USD-denominated stock under the BUD ticker. But they are a sub of a Belgian parent; the Euro-denominated stock should have been the focus to avoid FX movements.

Further, it’s sort of futile to look at stock price moves. AB’s foreign parent is majority controlled by two families. Anheuser-Busch InBev is controlled by Belgian families Vandamme, de Mévius and de Spoelberch, who as of 2015 owned a combined 28.6% of the company, and Brazilian investors Jorge Paulo Lemann, Carlos Alberto Sicupira and Marcel Telles, who owned 22.7% through their private investment firm 3G Capital.

Then, the new media couldn’t get straight a decline in the firm’s market value and a sales decline. That’s basic stuff.

There was also a fustercluck when SVB tanked, as the conservatives lambasted the wokey Chief Risk Officer…..eeeeexcept that she was a UK-based risk manager and not the CRO. Indeed, the CRO chair was vacant for months before the collapse.

…and if you point out their errors, you’re somehow playing for the other team. Go figya.


14 posted on 07/06/2023 8:39:59 PM PDT by DoodleBob (Gravity’s waiting period is about 9.8 m/s²)
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To: DeathBeforeDishonor1

Ben Cohen and Jerry Greenfield, are typical left-wing hatemongers.


15 posted on 07/06/2023 8:44:23 PM PDT by euram (allALL)
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To: DeathBeforeDishonor1

Ben Cohen and Jerry Greenfield, are typical left-wing hatemongers.


16 posted on 07/06/2023 8:44:23 PM PDT by euram (allALL)
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To: DeathBeforeDishonor1

Pelosi and Joe Biden: Those stories of ice cream in danger make me burst into tears. Every single time.


17 posted on 07/06/2023 8:48:50 PM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: euram

RE: typical left-wing hatemongers.

Jan.8, 2021 story:
Ben & Jerry’s calls for Trump’s removal after Capitol riots ....


Ben & Jerry’s Urge 25th Amendment, Trump Impeachment .

Ben & Jerry’s Just Released An Anti-Trump Ice Cream Flavor

Oct 31, 2018 — Ben & Jerry’s released on Tuesday a new anti-Trump ice cream flavor, Pecan Resist. It sounds delicious and we can’t wait to try it.



18 posted on 07/06/2023 8:52:44 PM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: crusty old prospector

Could you explain to me what gay ice cream is .

…….


19 posted on 07/06/2023 8:53:05 PM PDT by Mears (.)
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To: Carriage Hill

They (Ben and Jerrys) hate America, but this is old news.


20 posted on 07/06/2023 8:54:06 PM PDT by Pajamajan ( PRAY FOR OUR NATION. Never be a slave in a new Socialist America)
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