Home Depot Stock Slips Amid Immigration and Layoff Concerns
Home Depot (NYSE:HD) shares dipped modestly in Monday afternoon trading as the company faces mounting pressure over immigration-related protests and supply chain layoffs. Activists are urging the home improvement giant to take action to protect undocumented workers frequenting its parking lots, though consensus on specific demands remains fractured.
The retailer has repeatedly stated it has no involvement with government enforcement actions in its parking areas. Meanwhile, reports of workforce reductions in Home Depot's supply chain operations are further unsettling investors. The dual pressures reflect broader societal tensions spilling into corporate America.