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.

  • treadful@lemmy.zip
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    1 year ago

    How prolific is a diet pill if it has brought down sales by 9%? Or are these relatively few people really having that much of an impact?

    • Desistance@lemmy.world
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      1 year ago

      Ozempic type of treatments are extremely effective. Not only does it cause weight loss but it causes drastic reduction in appetite.

    • XanXic@lemmy.world
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      1 year ago

      There’s a shortage of it. They cant produce enough of it right now. So pretty prolific. Also it’s an injection.

      But there’s online services that will let you get it for weight loss for like $200 a month and practically no push back because they are operating in a weird online pharmacy grey market. The Verge just did a big article about it. But that worked so well that company isn’t doing it anymore because they caused a shortage and can’t supply themselves.

    • Dogyote@slrpnk.net
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      1 year ago

      Or are these relatively few people really having that much of an impact?

      I’m imagining a world where 99% of grocery shoppers ignore the cookie aisle while the last 1% fill their carts with Oreos every visit, like Whales in pay to win mobile games.