Author Topic: Bar That Stood with Bud Light Raises White Flag as Public Turns on It  (Read 330 times)

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Offline rangerrebew

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Bar That Stood with Bud Light Raises White Flag as Public Turns on It
George C. Upper III, The Western Journal   By George C. Upper III, The Western Journal
Published April 28, 2023 at 6:55am
 
The Fairfax Bar and Grill in Bloomington, Indiana, which came to national attention for its Facebook posts refusing to drop Anheuser-Busch products in the wake of the Bud Light-Dylan Mulvaney controversy, now appears to be trying to distance itself from the controversy.

The bar had suffered a loss of business because of its stance, and it appears now to be trying to limit its social media posts to those with specific relevance to its business, as opposed to social commentary on transgender issues.

Previous posts — which said things like “We support ALL people in this establishment no matter who you are or how you identify. We will continue to sell [Anheuser] Busch products because we don’t care who they make special cans for” — have all been removed from Facebook.

https://thefederalistpapers.org/us/bar-stood-bud-light-raises-white-flag-public-turns
The legitimate powers of government extend to such acts only as are injurious to others. But it does me no injury for my neighbor to say there are twenty gods, or no god. It neither picks my pocket nor breaks my leg.
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Offline Kamaji

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Re: Bar That Stood with Bud Light Raises White Flag as Public Turns on It
« Reply #1 on: April 28, 2023, 06:42:22 pm »
:mauslaff:

Go woke, go broke!

Offline LMAO

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Re: Bar That Stood with Bud Light Raises White Flag as Public Turns on It
« Reply #2 on: April 28, 2023, 06:47:28 pm »
This boycott of AB has turned out bigger than I expected. I thought there would be some outrage but they would weather through it

I’m overjoyed to admit my error
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Online Bigun

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Re: Bar That Stood with Bud Light Raises White Flag as Public Turns on It
« Reply #3 on: April 28, 2023, 06:54:19 pm »
This boycott of AB has turned out bigger than I expected. I thought there would be some outrage but they would weather through it

I’m overjoyed to admit my error

It's not nearly over yet.
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline Kamaji

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Re: Bar That Stood with Bud Light Raises White Flag as Public Turns on It
« Reply #4 on: April 28, 2023, 07:03:10 pm »
This boycott of AB has turned out bigger than I expected. I thought there would be some outrage but they would weather through it

I’m overjoyed to admit my error


The Bud Light product must not be very important to their future product portfolio, then, because despite all of this bad news, A-B's stock price has recovered back to the pre-trannie level.

Online Bigun

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Re: Bar That Stood with Bud Light Raises White Flag as Public Turns on It
« Reply #5 on: April 28, 2023, 07:31:20 pm »

The Bud Light product must not be very important to their future product portfolio, then, because despite all of this bad news, A-B's stock price has recovered back to the pre-trannie level.

Who's buying it?  Who's propping it up? Blackrock? 
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline Kamaji

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Re: Bar That Stood with Bud Light Raises White Flag as Public Turns on It
« Reply #6 on: April 28, 2023, 07:47:01 pm »
Who's buying it?  Who's propping it up? Blackrock? 

Nope.  It's very widely held.

Top shareholders:

Name
Shares Held
% Outstanding
Chg in Shares
% of Assets
As of Date
American Balanced Fund
4.9M
0.28%
4.9M
0.22%
Dec 31, 2022
John Hancock Fundamental Large Cap Core Fund
4.24M
0.24%
4.24M
5.73%
Feb 28, 2023
Invesco Global Companies Fund
1.56M
0.09%
1.56M
3.99%
Dec 31, 2022
BL&S Invest Afdelning Globale Aktier Akk.
1.39M
0.08%
277.71K
6.85%
Sep 30, 2021
BL&S Invest - Globale Aktier KL
882K
0.05%
-83.46K
6.57%
Dec 31, 2021
GQG Global UCITS ICAV - Partners U.S. Equity Fund
368.72K
0.02%
368.72K
2.72%
Jun 30, 2022
AIM Fds. Grp. (IFG) - Invesco Global Core Equity Fund
341.16K
0.02%
341.16K
4.04%
Feb 28, 2023
Manulife Global Fund - US Equity Fund
273.31K
0.02%
-13.31K
4.10%
Mar 31, 2022
BL - Equities America
200K
0.01%
200K
0.75%
Feb 28, 2023
Mercer Funds - Non US Core Equity Fund
79.25K
0.01%
79.25K
0.14%
Feb 28, 2023
Copyright 2020 FactSet Research Systems Inc. All rights reserved. Source: FactSet Fundamentals

Source:  https://www.barrons.com/market-data/stocks/bud

Offline Wingnut

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Re: Bar That Stood with Bud Light Raises White Flag as Public Turns on It
« Reply #7 on: April 28, 2023, 08:01:58 pm »
That bar chose poorly. 
I am just a Technicolor Dream Cat riding this kaleidoscope of life.