Birdwatch Archive

Birdwatch Note

2023-05-28 01:20:07 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

Target's stock decline is due to a slowing economy, supply chain issues, and shifting consumer sentiment, not boycotts or a designer incorrectly labeled as 'satanic'. Heightened costs on fuel, freight, transportation, and distribution centers have weighed on profitability. https://www.fool.com/investing/2023/05/23/target-buy-sell-or-hold https://www.cnbc.com/2023/05/17/target-tgt-earnings-q1-2023.html https://www.washingtonpost.com/lifestyle/2023/05/26/lgbtq-designer-target-pride-collection-controversy

Written by DD9D3106BF50F814B3D92EC6CFA95546B5710177C3E0FE36000A27E09305C258
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• Target's stock decline is due to a slowing economy, supply chain issues, and shifting consumer sentiment, not boycotts or a designer incorrectly labeled as 'satanic'. Heightened costs on fuel, freight, transportation, and distribution centers have weighed on profitability. https://www.fool.com/investing/2023/05/23/target-buy-sell-or-hold https://www.cnbc.com/2023/05/17/target-tgt-earnings-q1-2023.html https://www.washingtonpost.com/lifestyle/2023/05/26/lgbtq-designer-target-pride-collection-controversy