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Bed, Bath & Beyond stock collapses by 36% after Mike Lindell canceled: Retail chain suffers biggest 1-day loss ever amid boycott supporting 'MyPillow guy'
NOQ Report ^ | 01/29/2021

Posted on 01/29/2021 7:53:34 AM PST by SeekAndFind


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.

Article by Art Moore originally published at WND.

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.



Lindell, famous for his TV ads, employs more than 1,500 people at his Minnesota plant. He recounted to WND last May the remarkable transformation in his life through his faith in Jesus Christ.

“This isn’t about pillows. It’s about the continual punishment of conservative speech,” Media Action Network founder Ken LaCorte said in an announcement of the boycott.

“And we’ve had enough.”

Media Action Network has a petition online in support of the boycott with nearly 24,000 signatures so far.

“Every time we turn around, another conservative has been silenced under false pretenses of ‘hate’ or ‘isms’ or the most recent offense-de-jour,” said LaCorte. “We’re fighting back.”

Protesters at Bed, Bath & Beyond’s store in Larkspur, California, on Tuesday left checkers with a $20 tip and a statement for CEO Mark Tritton.

“Stop promoting ‘cancel,” they wrote. “You buckled to pressure, removing MyPillow products … because of Mike Lindell’s politics. It’s un-American.

“Our country was founded on the principle of free speech and open debate,” the wrote. “These days, censorship and suppression are far too common, and you’re now part of the problem. You have that right, of course, but realize you’re antagonizing half of your customers. And Mark … we’ve had enough. We’re tired of corporate big-shots looking down on our beliefs. Reverse this decision now and get out of politics, or we’re done with you forever.”


TOPICS: Business/Economy; Culture/Society; News/Current Events; Philosophy; US: Minnesota
KEYWORDS: bedbathbeyond; cancelculture; freedomofspeech; incorrectcause; kohls; marktritton; mikelindell; mypillow; stock; tritton; wayfair
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To: SeekAndFind
We don't need no STEEKING Bed, Bath and Beyond.
Order direct from MyPillow right here:

https://www.mypillow.com/

The next thing is, if any Trump voter is unfortunate enough to own Bed, Bath and Beyond shares, is to sue them for tanking your shares for political reasons.

41 posted on 01/29/2021 8:16:43 AM PST by SmokingJoe
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To: SeekAndFind

What’s sad about this is that it will effect some stocker or checkout far more than the arrogant upper management.


42 posted on 01/29/2021 8:17:05 AM PST by CrazyIvan (The Democrat party. A collaboration of Cloward-Piven and Dunning-Kruger.)
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To: dfwgator

Pretty Woman!!


43 posted on 01/29/2021 8:18:26 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: SmokingJoe

Ordered 2 last week...


44 posted on 01/29/2021 8:18:54 AM PST by goodnesswins (The issue is never the issue. The issue is always the revolution." -- Saul Alinksy)
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To: Jess Kitting

The gay ones need something to BITE!


45 posted on 01/29/2021 8:19:26 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: puppypusher

LOL!!


46 posted on 01/29/2021 8:19:57 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Red Badger

Ours did as well. It had been there for some time, but I rarely shopped there


47 posted on 01/29/2021 8:20:17 AM PST by DallasGal (Is wishing someone would die really all that bad?)
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To: jersey117

Never going back to Kohl’s, which is very popular here.


48 posted on 01/29/2021 8:22:41 AM PST by Dr. Scarpetta ( )
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To: apoliticalone
Conservatives need to start using our financial clout to support our friends and oppose our enemies. We may not be oligarchs but in numbers when we organize we can buy and sell the oligarchs and others.

75 million Trump voting, mostly middle and upper class consumers carry a heck of an economic of clout in the consumer market. Vastly more than far left dictators like Zuckerberg or Bezos. Bezos can only eat so much meat, or sleep on so many pillows. He can't buy and sleep on 75 millions pillows. He may have a big ugly bald head, but its simply not big enough. Chuckle.

49 posted on 01/29/2021 8:23:05 AM PST by SmokingJoe
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To: brownsfan
The only time I go there is on Birthday/holidays to buy gifts for my wife.

You buy cleaning supplies and household small appliances for her birthday?

"Here dear, here's a new ironing board for you!" LOL

50 posted on 01/29/2021 8:23:37 AM PST by ladyjane
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To: SeekAndFind

That NFL model really works.


51 posted on 01/29/2021 8:24:42 AM PST by bray (Pray for fake President Biden)
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To: SeekAndFind

Hogwash - BBY shares are still up considerably over 2020 levels. Not sure how the author is reading the markets.


52 posted on 01/29/2021 8:25:00 AM PST by CheneyClone
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To: P-Marlowe; Onthebrink

President Trump won. Anyone barely comfortable with numbers can see that.

See Peter Navarro’s chart

https://duckduckgo.com/?q=vote+irregularities+and+illegalities+by+state&t=h_&ia=images&iax=images&iai=https%3A%2F%2Fi.imgur.com%2FZijF0uN.png


53 posted on 01/29/2021 8:27:14 AM PST by xzins (Retired US Army chaplain. Support our troops by praying for their victory. )
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To: bigdaddy45
Cute story. Has nothing to do with My Pillow.

Agreed. Indeed, the so-called boycott has had a nominal effect, if any, on Kohl's and Wayfair.

54 posted on 01/29/2021 8:28:57 AM PST by Labyrinthos
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To: SeekAndFind

Caused my wife to rip up all those BB&B 20% discount slips in the junk mail...

Said the old lady: “Never more!”


55 posted on 01/29/2021 8:30:45 AM PST by SuperLuminal (Where is Joe McCarthy now that we desperately need him sober?)
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To: SeekAndFind; 100American; 3D-JOY; abner; Abundy; AGreatPer; Albion Wilde; AliVeritas; alisasny; ...
Now let's do the other 63.6 percentage points! Dump the stock and boycott! That'll give the hedge fund sharks something to short!

PING! (Sign Here)

56 posted on 01/29/2021 8:32:08 AM PST by Tolerance Sucks Rocks (For an election lasting longer than 4 weeks, consult your forensic detective)
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To: SmokingJoe

I ordered 2 a few days ago.


57 posted on 01/29/2021 8:32:59 AM PST by Tolerance Sucks Rocks (For an election lasting longer than 4 weeks, consult your forensic detective)
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To: dfwgator

“Big Mistake...Big...HUGE!”


Best line from ‘Pretty Woman’


58 posted on 01/29/2021 8:33:21 AM PST by Quality_Not_Quantity ("...for the sake of His name." Psalm 23:3)
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To: ladyjane

“You buy cleaning supplies and household small appliances for her birthday?”

Funny. If I could get away with that, I’d be the man!

In the one near me, they have lots of fairly unique items. A lot of sharper image stuff. And some interesting cookware she likes.


59 posted on 01/29/2021 8:33:35 AM PST by brownsfan (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.)
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To: Basket_of_Deplorables
In before the mealy-mouthed “we don’t DO that!” crowd of cowards.

I'm Sean "Boycotts Hurt Their First Amendment Rights" Hannity, and I approve this message.

60 posted on 01/29/2021 8:35:19 AM PST by Tolerance Sucks Rocks (For an election lasting longer than 4 weeks, consult your forensic detective)
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