Kid Rock Moves Past Boycotting Bud Light, Calls Out These Two Companies: 'We've Got Bigger Targets'
Portfolio Pulse from Chris Katje
Kid Rock has moved past boycotting Bud Light and is now targeting Planet Fitness and Ben & Jerry's. His influence could impact these companies due to his large following and vocal political stance.
May 22, 2024 | 8:48 pm
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POSITIVE IMPACT
Kid Rock has ended his boycott of Anheuser-Busch InBev, which had previously impacted the company's stock price.
Kid Rock's boycott had a negative impact on Anheuser-Busch InBev's stock. Ending the boycott could lead to stabilization or a slight recovery in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Kid Rock has targeted Planet Fitness due to its trans-inclusive policies, which could lead to increased calls for boycotts and membership cancellations.
Kid Rock's influence and vocal stance against Planet Fitness could lead to increased boycotts and membership cancellations, negatively impacting the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Kid Rock has targeted Ben & Jerry's, owned by Unilever, over its stance on Israel, which could lead to protests and boycotts.
Kid Rock's targeting of Ben & Jerry's could lead to protests and boycotts, potentially impacting Unilever's stock price negatively.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70