I can’t seen any scenario that this going to turn around quickly. Good grief, after somebody’s eye has been poked that badly, is one to just say “well that’s ok?”
When you can’t give the product away for almost nothing and you’ve now got to concern yourself with shelf life, this is a deep deep problem.
https://www.foxbusiness.com/markets/bud-light-24-pack-sells-3-49-least-1-store-sales-tank-report
Bud Light 24-pack sells for $3.49 in at least one store as sales tank: report
I didn’t short the stock myself but I was chatting with a family member who did... let’s just say you couldn’t blast the smile off of his face with dynamite right now.
BUD has not dropped enough in my opinion. I want to see them sink into the darkest depths of hell...
Oh, yeah, former CIA.