Not even Spam was spared...

[edwest4]

Excerpt from today's Barron's:​

​

AIG Slashed Holdings in General Mills, Coca-Cola, Campbell Soup, and Hormel Stock​

---

By
Ed Lin
Dec. 12, 2021 7:00 am ET

Insurance giant American International Group slashed positions in packaged foods and beverages in the third quarter. Not even the Spam was spared.

AIG (ticker: AIG) dramatically cut investments in General Mills (ticker: GIS), Coca-Cola (KO), Campbell Soup (CPB), and Spam maker Hormel Foods (HRL) in the third quarter. The insurer disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission.

 

[muttly]

I guess they think that people will start going out more and home less. That at home meals
will slow down and eating out will increase. Any thoughts.

 

[Foo Fighter]

Looking at current news, I doubt it.