Birdwatch Note Rating
2023-05-26 13:40:08 UTC - HELPFUL
Rated by Participant: B4D6BFF93397C18C958A5AD8C0388436DA2E4726D67B8923FA4A5BB00EF11823
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
All Note Details