Home Depot Stock Slips Amid ICE Scraper Protest
Home Depot (NYSE:HD) shares dipped modestly in Monday trading after protesters targeted the retailer with a coordinated 'buy-in' campaign. The demonstration, organized by labor activists, involved purchasing and immediately returning inexpensive ice scrapers—a tactic designed to disrupt operations without violating store policies.
The protest, framed as a stand against immigration enforcement policies, underscores growing tensions between corporations and activist groups. Pablo Alvarado of the National Day Laborer’s Organizing Network accused Home Depot of being complicit in 'cruel, vicious immigration enforcement,' though the company has not publicly addressed the claims.
Market reaction was muted but noticeable, with HD shares underperforming the broader retail sector. The incident highlights how grassroots tactics can Ripple through equity markets—even when deployed against non-financialized assets like hardware stores.