They should stop saying that Anheuser-Busch lost six billion dollars. They might have lost a million or two in sales but the six billion was stock value which is not anywhere near the same thing. If I dropped a couple of hundred dollars ion the sidewalks I would have lost a couple of hundred dollars. If the value of my house goes down I would still have the same amount of money. Just my house would not be worth quite as much.
Those who leverage their stocks are ______
BUD share prices peaked in 2016 at $131 and has been on a downward trend since then. BUD is currently trading at $64.
As Steve Bannon says: “We are hearing the primal scream of a dying regime”.
BUD appears to want to hasten its demise by promoting the trans agenda.
BUD reminds me of Bed Bath Beyond who was in financial trouble and then put the nail in their coffin by banning MY PILLOW from their stores.
“They might have lost a million or two in sales but the six billion was stock value which is not anywhere near the same thing.”
I hope it was more than one or two million in lost sales; but you are right the fluctuation in share price may bounce right back up.
However, sales drives revenue; revenue drives profit; and profit drives share price. This thing is hardly over.
Except a CEO has one job...and that’s to protect and grow shareholder value.