This is probably the biggest amount of blood drawn from any modern boycott and because it has passive elements (just not buying the product) it's not looking like it's going to stop.
If the company itself goes under, it'll be the biggest warning to every other company to shut the fuck up about 'virtues' and just sell me the goddamn thing!
In-Bev is huge, worst case scenario is they'll drop 10-15% even if Bud Light crashes and burns.
The company who is buying up these craft brands is doing it for a shitty reason though, they are just loading up on manufacturing facilities for the future while their value is the lowest.
My response to this news
This is probably the biggest amount of blood drawn from any modern boycott and because it has passive elements (just not buying the product) it's not looking like it's going to stop.
If the company itself goes under, it'll be the biggest warning to every other company to shut the fuck up about 'virtues' and just sell me the goddamn thing!
In-Bev is huge, worst case scenario is they'll drop 10-15% even if Bud Light crashes and burns.
The company who is buying up these craft brands is doing it for a shitty reason though, they are just loading up on manufacturing facilities for the future while their value is the lowest.