Fact Check: Did Anheuser-Busch lose $4 billion amid Dylan Mulvaney controversy?
Although it's unclear what impact this boycott may have on the company's sales, some commentators suggested the move has cost it billions of dollars in value.
While it is not the only way to value a company, market capitalization provides a value based on the total number of outstanding shares multiplied by the price of a single share. For example, If we only look at the closing prices before the ad and the lowest price recorded between then and Matt Walsh's tweet , there is a $4 billion decrease in market cap value .
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