NEW: That Target Stock Plunge Has Gotten Even Worse
We’ve seen what has happened to Bud Light since they endorsed transgender influencer Dylan Mulvaney’s “365 Days of Being a Girl” as he mocked girls and women. As I reported earlier, they’ve now been reduced to trying to sell their beer for free (with rebates). Yet, their sales have plummeted by 28 percent, by volume, just as we go into Memorial Day weekend, and they still don’t seem to be able to offload the stuff. They’re even buying some back from distributors at this point if it’s gone past the expiration date. If they can’t recover over this weekend, the beer experts are saying they may have lost a permanent section of their customers who are just not going to come back.
Source: https://redstate.com/nick-arama/2023/05/25/new-that-target-stock-plunge-has-gotten-even-worse-n751418
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