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COST
Business Insider
203 days

Costco's DEI programs face new scrutiny from 19 Republican attorneys general

1. Republican attorneys general urged Costco to end DEI programs. 2. 98% of Costco shareholders rejected DEI risk reporting proposal. 3. Costco has 30 days to respond to the scrutiny. 4. Costco is under pressure amid a broader corporate DEI reassessment.

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FAQ

Why Bearish?

Increased scrutiny could effect investor sentiment and lead to legal exposure. Similar concerns have impacted stock prices of other companies.

How important is it?

The scrutiny on DEI may directly influence Costco's corporate image and stock market performance.

Why Short Term?

Immediate investor reactions and potential public relations fallout may affect COST's stock quickly.

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