Birdwatch Note Rating
2023-05-25 20:44:04 UTC - HELPFUL
Rated by Participant: 6CA0D046EED99EC53AA8E879ECA11AA69D808578DFA48090E13FEF637E1CE10F
Participant Details
Original Note:
There is no public information showing that the target "boycott" caused a drop in market value. Most news publications have predicted or now blame the drop on higher costs causing less sales, not a boycott. https://amp.cnn.com/cnn/2023/05/17/business/target-earnings/index.html https://www.reuters.com/markets/europe/beaten-down-us-retail-stocks-may-still-be-too-pricy-investors-2022-05-23/ Walmart has a similar drop & no such boycott. https://www.cnbc.com/quotes/WMT https://www.cnbc.com/quotes/TGT
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