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

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
Jack Phillips
Updated:
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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.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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