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New York Post
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Victoria's Secret website down in mysterious dayslong crash

1. Victoria's Secret website down due to a security incident. 2. Outage started during Memorial Day sale, frustrating customers. 3. Company reported $2 billion in digital sales last year. 4. Shares dropped 6.8% on Wednesday amid the outage. 5. Retail locations remain open despite online disruptions.

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FAQ

Why Bearish?

The 6.8% drop in shares indicates strong investor concern. Past outages have led to sales declines.

How important is it?

The outage significantly impacts customer experience and sales; hence, it directly affects stock prices.

Why Short Term?

The immediate effects are felt in stock price and customer confidence; long-term recovery is uncertain.

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