Birdwatch Note Rating
2023-05-25 23:48:29 UTC - HELPFUL
Rated by Participant: 845E0BEA67D3EB2C31EA8992336F7F4B6843A87B3555E92F07FDF0D55EF7E759
Participant Details
Original Note:
"$9 billion" refers to the decrease in Target's market capitalization, or the total value of all Target stock. Much of the decline came after Target reported weaker than expected earnings for the previous quarter. https://www.usatoday.com/story/money/markets/2022/05/18/target-stock-drop-tgt-earnings-report/9824344002/?gnt-cfr=1 https://finance.yahoo.com/news/walmart-target-earnings-show-signs-consumers-are-trading-down-184808256.html
All Note Details