Yinko
Well-known member
Companies That Get 'Woke' Aren't Going Broke -- They're More Profitable Than Ever
Sorry, Kid Rock, Bud Light’s gonna be just fine
www.rollingstone.com
Companies listed:
Keurig Dr Pepper Inc. Dropped from $120.26 per share to $24.96 when the deal happened, highest it's been since then is $34.98. $120 wasn't even a spike, it was an upward slope.
United Airlines Holdings Inc. Has yet to recover from Covid, but no apparent drop due to the 2021 scandal.
Carhartt (VF Corp). In 1/10/21 they had a stock price of $87.08, the problem came about a week later, since then they have been on a slope down to the current price of $22.55. There was a spike that reached $89.83 in the middle of this but it didn't last long and is part of the overall downward slope.
Walt Disney Co. The article specifically mentions the Florida law from 04/22. Disney's stock has been so terrible that it is difficult to tell exactly what is screwing it and when. They were already in the middle of a freefall as of 02/22 and fell from $152.95 to $93.60 in five months. Since then they have averaged about $100 per share.
Nike Inc. The event they list is from 4/5/23 (6 days ago as of writing), any stock price difference is statistically insignificant. It was already declining when this happened, bottomed out on 4/5/23 with a $3 loss and then rose back up $1 since.
Amazon.com Inc. The article lists a group called "Stop Amazon Hate" that ordered a boycott on 1/9/21 in protest of Amazon's actions in regards to the January 6th event. You can only find this group by putting their name in quotes, and even then only their site shows up, and the site has only the main page. Not exactly an influential call to action. If, however, we use the Rings of Power as a metric, we get a pretty clear idea. Rings of Power was released on 9/1/22, at that time the stock price was $126.77 and it jumped up to $136.45 for the next two weeks. It then immediately fell and has never since exceeded $105.15, with an average of about $95.
Kellogg Co. The article lists an event of having "Stand With Pride" cereal boxes on June 30th 2021. Their stock appears chaotic at first glance but is pretty much exclusively seasonal, stable overall for the past ten years. There was a small dip at the time from $36.97 to $32.77 but it's hard to tell if that is at all significant.
NFL is not publicly traded.
Overall, throwing out the NFL, I'd say that they have a leg to stand on for three of them (United, Nike, Kellogs) and have nothing to stand on for the rest.
For data I just searched "X stock price" and used the provided IEX Cloud tracker. I eyeballed any averages as well.