TAP (Coors)

Discussion in 'Stocks' started by tgtrader, Mar 17, 2009.

  1. tgtrader


    Whats going on over at Coors? Take a look at a YTD daily chart.... it doesn't look pretty. The beer industry is fairly insensitive to overall market movements (fairly low beta), yet I think they've had maybe 13 positive (most of the time barely) days this entire year.... I took a quick look at their balance sheets and income statements but cannot seem to see anything so odd that it would cause this kind of movement.

    Does anyone have any ideas as to why this stock is getting pounded?
  2. Rex84


    combo of missed numbers and dwindling market share.