Despite the Losses, Stors Tend to Prefer Firms That Pull Out of Russia

Since the war in ukrane began, roughly a thousand international firms have curtailed their russian operations to some extent. Mac donalds announced that closing its restaurants in russia cost the company a hundred 27 million just in the first quarter of this year. But there might actually be some hope, because it turns out that shutting vladimir puddin is playing out surprisingly well in the stock market. So on this at least, the stock market seems to prefer the moral high ground.