Hogwash - BBY shares are still up considerably over 2020 levels. Not sure how the author is reading the markets.
RE: Hogwash - BBY shares are still up considerably over 2020 levels
The question is - did they fall 36% BECAUSE of what they did to MyPillow? Or would they have fallen 36% REGARDLESS?
Irrelevant. Last year was coronavirus hysteria and lockdowns laying waste to the retail sector. Most companies are up from last year.
This is what is relevant : Did they suffer a massive 36% fall in market value in just one day, after announcing they were not selling MyPilow products anymore? Yes.