.
Good, hopefully the whole house of cards will tumble as well.
Really?
All of you Transphobics and Haters accomplished by selling your stock in AB, is make the price of AB stock the most attractive stock on the stock buyers market today.
This won't take long to recover their temporary loss of 3 billion, and will in the end, boost their overall historic value of their stock is just days.
So your sissy fit, will have a reverse effect on what you intended to accomplish.
What happens to shares that are sold? SOMEONE ELSE BUYS THEM, AND FOR A BETTER PRICE THAN YOU SOLD THEM FOR!
Your loss just became someone else's Gain!
On Tuesday, the stock appeared to be rebounding, and that large investors in the company "remain bullish" about the asset. Among Anheuser-Busch's top five investors, three had offloaded a small proportion of their shares in the beverage firm, while two added to their portfolio.
These rises and falls in value are fairly common for such a large company, and could be construed as a normalization of stock prices after a peak in late March. Stocks had been rising from €47 ($51.37) in October and had spent much of the last six months trading at around €56-€57 ($61.20-$62.30).
This rise could be attributed to the company posting revenue growth of 11.2 percent in 2022 on March 2, from $54.3 billion in 2021 to $57.8 billion last year. At the same time, Anheuser-Busch told investors it predicted a net earnings growth of between 4-8 percent in 2023.
Anheuser-Busch has many brands under its umbrella besides Bud Light, and posted positive growth in markets across the globe. In 2022, while it saw a 6.7 percent rise in revenue in North America, despite a contraction in volume of 4 percent, it experienced double-digit growth fueled by increased sales in Central America, South America and Europe.
In a presentation to investors, Anheuser-Busch said its "diversified footprint provides a unique platform to lead & grow," with more than 60 percent of the markets it was in seeing growth. It noted that brands Corona and Stella Artois "led the growth of our global brands."
On April 6, Eddie Stableford, a food and drink branding expert, told Newsweek that boycotts would overall help the brand, as the U.S. is a saturated market and many American names are looking elsewhere in the world to expand into. He suggested they were doing this "by taking an approach that's more appropriate by those cultures."
https://www.newsweek.com/bud-light-stock-drop-anheuser-busch-dylan-mulvaney-transgender-1793901