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BTCC / BTCC Square / Global Cryptocurrency /
Home Depot Stock Dips Amid Political Backlash in Los Angeles

Home Depot Stock Dips Amid Political Backlash in Los Angeles

Author:
Global Cryptocurrency
Published:
2025-09-25 17:05:02
13
1
BTCCSquare news:

Home Depot shares edged lower Thursday after Los Angeles City Council member Ysabel Jurado opposed the retailer's planned expansion into a vacant Macy's location. The vacant property—described as having "less charm than a prison"—has become a flashpoint in debates about corporate-political alignment.

The controversy raises broader questions about whether businesses must now pass ideological litmus tests to operate. Home Depot's experience suggests even apolitical retailers face new operational risks when local politics intersect with commercial development.

|Square

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