Ben & Jerry’s Loses Billions in Stock Value Amid Boycott Calls

Ice cream is for sale in a Ben & Jerry's store in Miami, Fla., on Sept. 23, 2021. Joe Raedle/Getty Images

Unilever stock lost about $2 billion in market capitalization amid calls to boycott Ben & Jerry’s ice cream after the company posted a Fourth of July message saying the United States should hand Mount Rushmore over to Native Americans.

Shares of Unilever, the Anglo-Dutch multinational company, dropped about 0.5 percent on Friday, 0.8 percent on Thursday, and 0.5 the previous day. It’s not clear if the drop was due to the calls to boycott Ben & Jerry’s, which has been owned by Unilever since 2000.