Birdwatch Note Rating
2023-05-25 20:29:56 UTC - HELPFUL
Rated by Participant: 9B2D7D97E2955A236DADA3D44BCCC63B071C8CBDE7A9288F0C113D919CCF1638
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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