It's not killing their business
Posted on: April 15, 2023 at 08:50:28 CT
KC rules MU
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Not even close. They lost a couple of dollars off a $66 valued stock price that is already rebounding (now at $64.56). Their stock has had a 52 week low of $44 so this isn't exactly a crisis. Plus their future isn't with 50+ men that will drink less beer as they get older, it's with younger people that will continue to buy their products for the next 50-60 years.
Edited by KC rules at 08:52:38 on 04/15/23