Retail chain suffers biggest 1-day loss ever amid boycott supporting 'MyPillow guy'
By Art Moore
January 28, 2021
Amid a boycott in response to its politically motivated decision to
drop Mike Lindell's MyPillow products, shares of Bed Bath & Beyond
plunged 36.4% at the close of trading Thursday. The retail chain suffered its biggest one-day loss since going public in June 1992. The consumer organization Media Action Network launched the boycott of Bed, Bath & Beyond
after the retail chain stopped selling Lindell's products due to his
support of President Trump's claim that fraud affected the outcome of
the 2020 election. Retailers Wayfair and Kohl's also have stopped selling MyPillow products..........To Read More....
No comments:
Post a Comment