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.
Managing Editor at Tom's Guide, Kate Kozuch, joins Cheddar to explain how Apple's AirPods now work as hearing aids and what she thinks of Apple Intelligence.
Co-founder and CEO of Rad Intel, Jeremy Barnett, joins Cheddar anchor Dave Briggs to discuss the influencer marketing space and how RAD is changing the game.
Houseplant Founders Seth Rogen and Mikey Mohr joined anchor Dave Briggs to discuss the changing culture around Cannabis and their smoke-ware brand Houseplant.