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FrankGallagher

Joined: 08/01/2016 Posts: 3544
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Anheuser-Busch loses more than $5 billion in value amid Dylan Mulvaney


Beer Colossus Anheuser-Busch saw its value plummet more than $5 billion since the company announced its branding partnership with controversial transgender social media influencer Dylan Mulvaney.

Since March 31, shares of Bud Light’s parent company have fallen by nearly 4% — knocking down the company’s market capitalization from $132.38 billion to $127.13 billion on Wednesday.

Anheuser-Busch stock fizzled more than 1.5% on Wednesday.

The company is dealing with the fallout from conservatives over its deal with Mulvaney, the 26-year-old transgender influencer with more than 10 million followers on social media.




This is what happens when the Chief Diversity Officer over rules the Chief Marketing Officer.

Link: Go Woke and Go Broke


Posted: 04/13/2023 at 08:53AM



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Current Thread:
  Who knew that all a guy needed to do to… -- Los Angeles Hoo 04/13/2023 09:51AM
  It's an attention economy ** -- hoodeyo 04/13/2023 10:19AM
  Again??!! ** -- HokieJamie 04/13/2023 09:05AM
  I have been assured that this did not happen. ** -- JMHoo 04/13/2023 08:55AM
  That was a product fail. -- Shenhoo 04/13/2023 09:07AM
  It's the new NFL and Delta and Coke. -- Shenhoo 04/13/2023 09:04AM
  Coke was a pioneer of the woke ** -- Tuckahokie 04/13/2023 09:13AM
  Good for them. ** -- HoodatB 04/13/2023 09:27AM
  Kinda' worked for them in the Woodstock days** -- Tuckahokie 04/13/2023 09:30AM
  Nope. Bite down hard ** -- 111Balz 04/13/2023 09:00AM

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