Anheuser-Busch loses more than $5 billion in value amid Dylan Mulvaney Bud Light controversy

1. That's one definition, there are many others that are more along the lines of what I said. I wonder how long it took you to find one that's nothing more than essentially repeating the definition of a boycott so it fits your argument. Most use the phrase 'mass cancelling' which is far closer to what I said.

2. Even if we use your definition, that means what the left engages in is far worse than cancel culture. Either way, it's your side that's shitty and destroys lives....congratulations on that accomplishment.

But hey, if you think this wins you an e-fight, that's all that really matters right?

 

Goes to show what happens when the executives of an enterprise divert their eyes from the business ball. The Busch family would never have done this.

 

Correct, and it’s vastly superior to the definition you have imagined it to mean.

The rest of your rant is wholly irrelevant after your initial comments about one of us needing to learn the definition.

Cheers

 

No, it's your cherry picked definition that goes against virtually every single other definition of the term.

No wonder you couldn't actually respond to my post and had to edit it.

Your projection is laughable. You whine about the right when your side engages in far worse.

The left's hypocrisy keeps getting more impressive every day.

 

Pathetic indeed. I would ask where you pulled your definition from but we all know the answer





Maybe @FatBack can help you find a definition from a legitimate source since you seem to be unable to do so on your own.

 

I don't drink weak beer and have no dog in this fight, but this "5 billion dollar loss" refrain is misunderstood and overblown.

We are not talking about sales drops, and true, that may yet materialize (but we don't really know yet), we are only talking about the total market cap: you take the total number of shares outstanding and multiply by the share price. This is an over 100 billion company and it's not going anywhere.

"For example, If we only look at the closing prices before the ad ($66.39) and the lowest price recorded between then and Matt Walsh's tweet ($64.03), there is a $4 billion decrease in market cap value (falling from $115 billion to $111 billion)."

https://www.google.com/amp/s/www.newsweek.com/fact-check-did-anheuser-busch-lose-4bn-value-amid-dylan-mulvaney-issue-1793996?amp=1

That's the "4 billion," but no one has lost any money unless they sold during that dip, which probably did have something to do with the trans flap.

And even if you had bought one thousand shares at $66 and sold at $64, and I bet none of you did, you would have lost a whopping $2,000. Nobody said you had to sell when you did, and it's small potatoes anyway.

Now even Donald Trump Jr. and Joe Rogan are telling everyone to calm down because
“Last cycle their employees and their PAC gave about 60 percent to Republicans and 40 percent to Democrats. That’s literally almost unheard of in corporate America, where it’s really easy to go woke, where they do so constantly, where there’s a consequence to actually being a conservative. So 60/40 to the conservative side is kind of a big deal.”

This also might be a temporary dip (and it's only 3.13%!). It may be a buying opportunity. Don't think Warren Buffett isn't watching this overreaction.

As for poor Mulvaney, let him enjoy his brief moment in the sun. The poor guy sounds like he really is suffering in life, and it's not like they are plastering his face on every can of Bud Light anyway.

 

So true, and even truer about his daddy.
So funny cause it royally ****s-up the little soldiers boycott.

"I think sometimes we do have the tendency of shooting first and aiming second, not looking into the details,' said Trump Jr."



Donald Trump Jr calls for end to conservative boycott on ' ...

The Independent
https://www.independent.co.uk › ... › US politics

1 day ago — The intervention after conservatives have expressed outrage at Bud Light partnering with transgender TikToker Dylan Mulvaney.

Donald Trump Jr. opposes Bud Light boycott, citing ...

Fox News
https://www.foxnews.com › politics › donald-trump-jr...

5 hours ago — Donald Trump Jr. says he did not want to hurt Anheuser-Busch and Bud Light over 'someone in a marketing campaign' getting too political.

 

There's no real argument about conservatives owning cancel culture when every university is a liberal haven and god forbid an even mildly conservative speaker actually speaks. It's so bad even Liberal professors are starting to admit that it's become too one sided and therefore not representative of worldviews and experiences.

 

And God forbid a conservative should boycott a beer product.... When liberals engage in cancer culture they expose people's home addresses, try to post anything they've ever said online and try to get them fired and try to get mobs to show up at their house. There's a little bit of a difference there that our liberal friend might have missed.

Maybe he can point out the last time that conservatives rioted on a college campus because of a speaker?

 

APOLOGY LIGHT: Anheuser-Busch CEO offers flat apology following Bud Light’s Dylan Mulvaney backlash.

'Anheuser-Busch’s top executive on Friday offered an apology flatter than a day-old Bud Light as the beer giant reels from the backlash over its sponsorship deal with controversial transgender influencer Dylan Mulvaney. “We never intended to be part of a discussion that divides people,” Anheuser-Busch InBev CEO Brendan Whitworth said in press release titled “Our Responsibility To America.” “We are in the business of bringing people together over a beer.”'

We are not divided, we are united. You are now the Colin Kaepernick of Beers.

'Whitworth finally broke his silence over the brewing controversy but made no mention of the sponsorship deal with Mulvaney — which has led to calls for a boycott of the nation’s largest beer company. He also didn’t address reports that senior executives were kept in the dark about the Mulvaney rollout. Instead, Whitworth said he was “focused on building and protecting our remarkable history and heritage.” “Moving forward, I will continue to work tirelessly to bring great beers to consumers across our nation,” said Whitworth, a Harvard Business School graduate who served in the Marines and was a CIA officer.'

Wokester trying to stem the bleeding WITHOUT apologizing.

'The $132 billion beer company has seen its market value plummet by some $5 billion since the campaign was launched April 1.'


Negative $5 Billion Man

The company views their working and middle class customers, and women, with disdain.

'Busch distributors around the country have been feeling the fallout, with' many bars in states from Tennessee to Wyoming refusing to stock Bud Light.

“I simply don’t understand why they hired the person who was doing the marketing. I mean, if your target customer is Kid Rock, and then all of a sudden you decide to go to RuPaul, that just doesn’t make any sense at all,” Oxygen Financial CEO Ted Jenkin told Fox News Digital.

It makes sense if you understand that they loathe the middle class desperately seek the validation of the wokesters.



They were tired of their customers and their customers were not who they wanted to attract,

'“I’m a businesswoman, I had a really clear job to do when I took over Bud Light, and it was ‘This brand is in decline, it’s been in a decline for a really long time, and if we do not attract young drinkers to come and drink this brand, there will be no future for Bud Light,’” Heinerscheid said.'

Down $5B in 2 weeks, yes, you are quite the business person.

“We had this hangover, I mean Bud Light had been kind of a brand of fratty, kind of out-of-touch humor, and it was really important that we had another approach.”

So, solution was gender wokism. Expensive solution.

 

I mean it’s hard understand the right wings viewpoints when they seem to exist in a state of banning content they don’t like, making decisions based on personal belief and not fact while seeming to have a policy platform that exists more injure people they don’t like than actually do anything else.

When speakers get up on stage and say how minority groups are evil or should be dismantled or subjugated in some fashion they should expect some pushback.

 

Oh like the bomb threat at Bud Light? That kind of difference?

As to when the last time a conservative rioted because of a speaker, it’s probably been a while because very conservative typically religious schools do not even entertain allowing anyone with an opposing voice to speak.

 

That would be an excellent point, with which, I would heartily agree, if it weren't only a phony, Right wing talking point, which you have swallowed whole. Budweiser cans do NOT feature Mulvaney's picture-- that one case of beer cans had been made up specially, just for Mulvaney, as a gift, to celebrate their partnership.

 

Stocks and futures are going back up. Seems like a non story.

 

And yet, here you are.

Still down $4.4B

Are new sales campaigns supposed to increase market cap?

https://finance.yahoo.com/quote/BUD?p=BUD&.tsrc=fin-srch

 

False flag and fake news

 

The left canceled the redskins, the Indians, dukes of hazard, Mozilla ceo, Kate Smith, Pepe le pew, speedy Gonzalez, statues, the names of schools, the names of the China and monkey virus, master bedrooms, etc.

Any idea when the perpetually offended left will get around to cancelling the names of cities and counties because the religiously or culturally appropriated? San Diego was named after a saint and the land was stolen the Indians. Should the city be renamed and given back to its rightful owners?

 

Do you think the only 'conservatives' are the carbon evil white supremacist boogeymen? Because and perhaps to the GOP's misfortune, they are a big tent philosophically speaking. A libertarian and a neo conservative for example have nothing alike.

 

And yet is up significantly from 30 days ago. You may want to not become an investor.

 

The Trans period is over the last 15 days. Previous to that it was doing great. Since then it's lost $4.4B

The purpose of marketing is to increase market cap. You may not want to be an investor.

 

Yes yes, everything you don’t like is a conspiracy / false flag / fake news.

Must be such a peaceful life never having to confront anything besides the enemies you have created in your mind.

 

There is nothing big tent about the Republican Party -/ this can be seen in voting demographics. I believe currently the only demographics where Republicans hold majority support is white, evangelical, heterosexual, and / or male.

Which is why y’all are having to resort to more and more extreme tactics to win elections.

 

Fake news and projection

 

At least you are consistent

 

Craft beer is an alternative and better tasting than what comes from the big American breweries.

However... craft beer drinkers do seem to skew liberal. In a survey from November 2018, DataQuencher polled 1,500 Americans on political affiliation and drinking habits. The results showed what those who identify as conservative actually do drink more beer from the main big beer companies than those who identify as liberal. 81% of conservatives buy macro and 65% of liberals do. Conversely, 59% of liberals said they buy craft beer and only 39% of conservatives said they do.