Well if you know anything about trading, some big companies stock price react when earnings are out. I don't think BUD investors who have large plays on it will drop it just because of this ad....it will mostly be retail investors who do that. BUD is too big to fail but hey it's America...it's so easy for them to pull out the ad and everything will be back to normal if it causes a dent on their business....they see it the way Nike does so I don't think this ad will really cause anything other than meltdowns from the anti-trans...we don't even know how much market is anti trans....we do know a lot of trans will drink bud light now....
Previous Close 64.96 Open 65.19 Bid 65.12 x 900 Ask 65.13 x 1400 Day's Range 64.97 - 66.06 52 Week Range 44.51 - 67.09 Volume 6,333,383 Avg. Volume 1,583,485
Market Cap 132.532B Beta (5Y Monthly) 1.10 PE Ratio (TTM) 22.37 EPS (TTM) 2.91 Earnings Date N/A Forward Dividend & Yield 0.79 (1.22%) Ex-Dividend Date May 03, 2023 1y Target Est 66.68
Earlier this year, Bud had a share price of $44.51 and a peak of $67.01. It's now trading steadily around $65.00.
The Mulvaney beer ad has done nothing.