Birdwatch Note Rating
2023-05-26 01:39:47 UTC - HELPFUL
Rated by Participant: 90549E2CD1495B579B4127FA9EE994EA77078A2DE23C8C5B7ADCBD910BF817AD
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