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Unilever stock loses $2.5B amid calls to boycott Ben & Jerry’s over tweet
NY Post ^ | 7/6/2023 | Ariel Zilber

Posted on 07/06/2023 9:35:44 AM PDT by God luvs America

Ben & Jerry’s parent company has lost roughly $2.5 billion in market cap amid calls to boycott the Vermont-based ice cream maker over a July 4 tweet condemning the US for existing on “stolen Indigenous land.”

Shares of Unilever, the Anglo-Dutch multinational firm, slid as much as 1% at Thursday’s opening bell after closing down .5% the previous day.

The company’s stock price has fallen to roughly $51 after closing at $52.28 during Monday’s shortened trading — and the day before Ben & Jerry’s posted its unpatriotic tweet.

The result has seen its market cap drop to $131 billion from the roughly $133.5 billion on Monday.

Ben & Jerry’s, which was acquired by Unilever but whose board remains independent in voicing its views on political issues, said the July 4 celebrations can “distract from an essential truth about this nation’s birth.”

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: Vermont
KEYWORDS: benjerrys; unilever
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To: God luvs America

The entire market is down about 1%.


21 posted on 07/06/2023 10:01:43 AM PDT by Raycpa
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To: God luvs America

I’ve been boycotting their ice-cream for ages.


22 posted on 07/06/2023 10:02:56 AM PDT by rdl6989 ( )
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To: Boogieman

these two fat hippies have caused more blocked arteries. than all the t bone steaks we eat!


23 posted on 07/06/2023 10:03:57 AM PDT by ar10
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To: Pontiac
I have been boycotting B&J for over a decade.

So have I. They’ve always spewed stupid leftist stuff.

24 posted on 07/06/2023 10:06:11 AM PDT by Allegra (Stop the Zeepers from Censoring FReepers)
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To: aquila48

I agree: I am all in favor of the boycott, but calling out a stock as being affected by a boycott and because it is down 1% when the whole market is down 1% is pretty silly....


25 posted on 07/06/2023 10:11:30 AM PDT by qwerty1234
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To: God luvs America

Good. Investors are seeing that conservatives really can boycott. Look at AB.


26 posted on 07/06/2023 10:16:21 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: SC DOC
The graphic at the bottom of that web page is worthy of the boycott all on its own, the stupid tweet is just icing on the cake.

If these former colonial powers wish to wallow in self-loathing over the past, fine - just leave us out of it.

27 posted on 07/06/2023 10:18:18 AM PDT by Charles Martel (Progressives are the crab grass in the lawn of life.)
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To: SamAdams76

—> It’s only a loss when you sell on it

Only a gain if you take it


28 posted on 07/06/2023 10:18:37 AM PDT by aMorePerfectUnion (Fraud vitiates everything)
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To: God luvs America
Colonel Miles: What precisely are your lands?

Chief Sitting Bull: These are the lands where my people lived before you whites first came.

Colonel Miles: I don't understand. We whites were not your first enemies. Why don't you demand back the land in Minnesota, the Chippewa forced you from years before?

Chief Sitting Bull: The Black Hills are a sacred land given to my people by Wakan Tanka.

Colonel Miles: How very convenient to cloak your claims in spiritualism. No matter what your legends say, you didn't sprout from the plains like the spring grasses. And you didn't coalesce out of the ether. You came out of the Minnesota woodlands armed to the teeth and set upon your fellow man.

Colonel Miles: You massacred the Kiowa, the Omaha, the Ponca, the Oto and the Pawnee without mercy. And yet you claim the Black Hills, as a private preserve bequeathed to you by the Great Spirit.

Colonel Miles: The proposition that you were a peaceable people before the appearance of the white man is the most fanciful legend of all. You killed each other for hundreds of moons before whites stepped foot on this continent.

Colonel Miles: You conquered those tribes, lusting for their game and their lands just as we have now conquered you for no less noble a cause.

from the movie Bury My Heart At Wounded Knee (2007)

29 posted on 07/06/2023 10:20:24 AM PDT by Buffalo Bob
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To: SC DOC

Thanks for the link but I can’t boycott because I never use any of the stuff listed on the link.


30 posted on 07/06/2023 10:30:29 AM PDT by USS Alaska (NUKE ALL MOOSELIMB TERRORISTS, NOW.)
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To: Boogieman

Dove? Nasty. That ice cream tastes just like soap!


31 posted on 07/06/2023 10:41:57 AM PDT by Larry Lucido (Donate! Don't just post clickbait!)
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To: All

in context, all the major indexes were all down this morning. In the case of Unilever, it has been doing better today than the Dow, NASDAQ, and the S&P.


32 posted on 07/06/2023 10:55:09 AM PDT by thegagline (Sic semper tyrannis! Goldwater in 2024 )
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To: aMorePerfectUnion

True


33 posted on 07/06/2023 11:10:56 AM PDT by SamAdams76 (5,301,904 Truth | 86,921,174 Twitter)
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To: God luvs America

I have boycotted Ben & Jerry’s all my life. I remember when it came out in the 1980s and was touted as being by a couple of hardcore Leftists. I was in high school. I vowed to never try it and I never have.


34 posted on 07/06/2023 11:28:55 AM PDT by FLT-bird
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To: Reno89519

It’s a yuge list. Over 400 brands. Easiest way I think is to just look at the products you buy. Last I knew Unilver had its name on mist, if not all, somewhere.

If you see Unilever, buy something else.

We’ve been doing it for years.


35 posted on 07/06/2023 11:33:22 AM PDT by mewzilla (We will never restore the republic if we don't first secure the ballot box.)
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To: God luvs America

Didn’t even know B&J sold out to the man


36 posted on 07/06/2023 12:30:44 PM PDT by BigFreakinToad (Biden whispered "Don't Jump")
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To: SC DOC

With the exception of Hellmen’s Mayo I am already boycotting Unilever products. We also might have a jar o Vasoline that was bought in the 1980s


37 posted on 07/06/2023 12:43:50 PM PDT by woodbutcher1963
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To: Buffalo Bob

I always laugh at the way the poor native americans are portrayed. They had numerous chances to carve out a fair deal for themselves at every turn they fought...attacked...ambushed....like they had for hundreds of years vs. each other. They were savages-it served them well until they met an enemy they could not compete with. To the victors go the spoils- thats the way its always been.


38 posted on 07/06/2023 1:15:38 PM PDT by MrRelevant
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To: qwerty1234

I’d call it “desperate confirmation bias”.


39 posted on 07/06/2023 3:21:42 PM PDT by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
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