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Ozempic Threatens Profits at Food and Beverage Makers Worldwide (www.bloomberg.com)
submitted 2 years ago by lettruthout@lemmy.world to c/aboringdystopia@lemmy.world
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So far, fear has driven investors to sell consumer-exposed stocks. A basket of such companies — including Oreo cookies maker Mondelez International Inc. and Modelo beer producer Constellation Brand Inc. — is down nearly 9% since early August with losses roughly double those of the S&P 500 Index, while makers of things like insulin pumps have wiped out close to a third of their value over the same stretch amid concerns that fewer people will need their products.

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[-] RampantParanoia2365@lemmy.world 2 points 2 years ago

....what? Are you saying fruit is somehow becoming less healthy?

[-] StorminNorman@lemmy.world 1 points 2 years ago

Yep. Read an article not that long ago about zoos having to cut back on the fruit they give their animals as our fruit has way more sugar than what is found in the wild.

[-] gullible@kbin.social 1 points 2 years ago

Intrepid reader… scroll down.

this post was submitted on 21 Oct 2023
173 points (93.9% liked)

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