This article is trying to convince its readers that the Bud Light "boycott" is over. One, it wasn't a boycott. People stopped buying Bud Light because they don't identify as being queer. Once Bud Light drinkers switch brands, they're not going to go back because, frankly, all light beers taste practically the same. Bud Light only has its image to differentiate itself. Now its image is a queer beer.
The stock price has absolutely nothing to do with consumer acceptance. None. Stock prices are easily manipulated by HFT (high frequency trading) and various algorithms seeing patterns and applying a strategy to make money. After InBev stock goes down a standard deviation or two, trading algorithms start buying, which drives other people to buy. There's an actual strategy called "dead cat bounce". I'm not joking.
This article is trying to convince its readers that the Bud Light "boycott" is over. One, it wasn't a boycott. People stopped buying Bud Light because they don't identify as being queer. Once Bud Light drinkers switch brands, they're not going to go back because, frankly, all light beers taste practically the same. Bud Light only has its image to differentiate itself. Now its image is a queer beer.
The stock price has absolutely nothing to do with consumer acceptance. None. Stock prices are easily manipulated by HFT (high frequency trading) and various algorithms seeing patterns and applying a strategy to make money. After InBev stock goes down a standard deviation or two, trading algorithms start buying, which drives other people to buy. There's an actual strategy called "dead cat bounce". I'm not joking.
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