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.

  • guyrocket
    link
    fedilink
    101 year ago

    So these junk food profiteers got caught with their hands in the cookie jar?

    Cry me a river, assholes. Take some responsibility for the damage your products do to public health.