Seeking Alpha Author Ian Bezek joins Cheddar to discuss why Molson Coors stock is down 20% this year. As other alcohol companies are surging at least 30%, Bezek explores why Molson Coors fell behind.
He believes the first reason may be that it's got a
"merger hangover." Molson Coors made a huge purchase last year, buying the MillerCoors assets that Anheuser-Busch had to sell for anti-trust reasons as part of its merger with SABMiller. He believes eventually this merger will positively effect Molson Coors sales, but it hasn't panned out yet.
Plus, Bezek talks about Molson Coors' stronghold on the craft beer industry. It's the #2 brewer in the U.S. and the UK and because of that has strong potential to turn around in 2018.
J.W. Roth, CEO of Venu Holding Corporation, discusses the company's IPO and plans to redefine live music entertainment with their fan founded, fan-owned model.
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Emily Hosie, CEO of Rebelstork, explains the concept of Returns Recommerce, plus how her company raised $18M to address the industry-wide issue of returns.
Steven Overly, Host of Politico Tech, talks to Dave Briggs about the key takeaways from Joe Rogan's interview with Mark Zuckerberg, all under 20 minutes. Watch!
Abrar Al-Heeti, Tech Reporter at CNET, explains what will happen if and when the TikTok app is banned in the United States. Plus, who may buy it? Watch!