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AB Inbev market cap has dropped 27 billion, I thought blackrock would prop it up?????

Posted on 6/5/23 at 8:30 pm
Posted by trinidadtiger
Member since Jun 2017
13379 posts
Posted on 6/5/23 at 8:30 pm

quote:

AB InBev's market capitalization fell to $107.44 billion through the end of May — down more than $27 billion from the $134.55 billion value the company had on March 31, the day before Mulvaney's partnership went live, according to Dow Jones Market Data Group.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61270 posts
Posted on 6/5/23 at 8:32 pm to
Hasn't dropped far enough.
Posted by Bobby OG Johnson
Member since Apr 2015
24885 posts
Posted on 6/5/23 at 8:33 pm to
They might as well change the name to Bruh Light because I don't see BL ever coming back
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
141986 posts
Posted on 6/5/23 at 8:38 pm to
Butt Light

Tranny Fluid

Queer Beer

Shemale Ale
Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
24984 posts
Posted on 6/5/23 at 8:46 pm to
quote:

@budlight
TGIF?

5:01 4/14/23





Still the most recent tweet from the BL account.
Posted by LemmyLives
Texas
Member since Mar 2019
6427 posts
Posted on 6/5/23 at 8:51 pm to
Blackrock may have bought more on the decline.

ESG is never gonna stop.
Posted by Bulldogblitz
In my house
Member since Dec 2018
26782 posts
Posted on 6/5/23 at 8:51 pm to
No lawsuits from shareholders?
Posted by Jack Carter
Member since Sep 2018
10387 posts
Posted on 6/5/23 at 8:58 pm to
CEO still hasn't resigned or been let go
Posted by jaytothen
Member since Jan 2020
6407 posts
Posted on 6/5/23 at 9:00 pm to
Hopefully it goes to zero.
Posted by GhostOfFreedom
Member since Jan 2021
11711 posts
Posted on 6/5/23 at 9:06 pm to
I ticked off a left leaning kid of mine when I said that regardless of politics and social issues, it was wrong for the California teachers retirement fund to hold onto inBev through all this. I said it was mismanagement of peoples retirement.

Posted by GhostOfFreedom
Member since Jan 2021
11711 posts
Posted on 6/5/23 at 9:07 pm to
quote:

Blackrock may have bought more on the decline.

ESG is never gonna stop.


Knowing Blackrock, they probably took a long positioned short, then paid the marketing firm to put the little fruitcake out there.

I seriously don't think they believe in this ESG crap. It is just an easy way to control companies values.
Posted by Morgus
The Old City Icehouse
Member since May 2004
9120 posts
Posted on 6/5/23 at 9:10 pm to
And the frickers still won't bite the bullet and do what they have to do.

Denounce and distance yourself from transgenderism.
Posted by Vacherie Saint
Member since Aug 2015
39488 posts
Posted on 6/5/23 at 9:14 pm to
Big Scrub thinks trannypandering is a solid marketing strategy as long as you don’t completely go out of business.
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
141986 posts
Posted on 6/5/23 at 9:16 pm to
quote:

a left leaning kid of mine
so you raised a communist?

Probably not your kid anyway
Posted by thebigmuffaletta
Member since Aug 2017
12940 posts
Posted on 6/5/23 at 9:48 pm to
quote:

Big Scrub thinks trannypandering is a solid marketing strategy as long as you don’t completely go out of business.


“We lost billions of dollars but we didn’t go out of businesses. Hahahahaha…we owned the cons” ~ BigCuckTx
Posted by LemmyLives
Texas
Member since Mar 2019
6427 posts
Posted on 6/5/23 at 9:58 pm to
Spend time in Brussels around a lot of "thought leaders." They have absolutely bought into it for at least a decade.

I sat, intox, for more than 30 minutes how 3 people that argued about the carbon impact of an Uber before they club would hurt the earth. They lived within 2miles of each other. I just sat there wondering if they were serious, or if they were just utter pussies.

I've also watched "terrorism" conferences in Brussels at the EU, again, two blocks from the f$*@ subway station that was actually blown up by terrorists, yet there was only mention of Euro Frenchies, Dutch, carbon, etc., as being a problem.
Posted by HeadSlash
TEAM LIVE BADASS - St. GEORGE
Member since Aug 2006
49671 posts
Posted on 6/5/23 at 9:59 pm to
quote:

AB InBev's market capitalization fell to $107.44 billion through the end of May — down more than $27 billion from the $134.55 billion value the company had on March 31, the day before Mulvaney's partnership


:nelsonhaha.jpg:
Posted by Shamoan
Member since Feb 2019
9206 posts
Posted on 6/5/23 at 10:05 pm to
-27,000,000,000?

We can do better.
Posted by KAGTASTIC
Member since Feb 2022
7989 posts
Posted on 6/6/23 at 12:09 am to
These are all just really good projected #s. Their Q2#s release is going to be the most anticipated in history.
Posted by JohnJuan
Member since Jan 2021
23 posts
Posted on 6/6/23 at 12:31 am to
quote:

down more than $27 billion from the $134.55 billion value the company had on March 31, the day before Mulvaney's partnership went live


They could have just played the April Fools! card late in the evening on day one once they saw the feedback. Possibly, could have even been $10b in the green on their market cap seeing how this has played out. Freaking hilarious!
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