In January 2021, Wayfair sided with the liberal mob and dropped MyPillow products from their online store.
— Sleeping Giants (@slpng_giants) January 19, 2021
In response, conservatives boycotted Wayfair — and bought their home goods from MyPillow.com using promo code “FedUp” directly instead (100 Percent Fed Up benefits when you use that code).
Wayfair’s stock has dropped over 80% since January 2021 (via stockcharts.com):
And Wayfair is issuing new debt — InvestorPlace reported:
Now, Wayfair’s downtrodden investors have been hit with another development that’s not going over well. Reportedly, Wayfair intends to offer a whopping $600 million worth of convertible senior notes, due 2027.Advertisement
The response to this big-money debt issuance proposal was immediate. By 11:00 a.m. Eastern, W stock was down between 5% and 6%. Bear in mind, the shares had already fallen from $195 to around $50 in 2022 before Wayfair dropped this bombshell on its investors.
Just to clarify, convertible senior notes are basically a type of short- to medium-term debt that a company can issue, which will convert into equity (stock shares) at some point. It’s fine that Wayfair will receive a major capital infusion by issuing these senior notes. However, the company will have to pay it all back with interest.
Canceling MyPillow was a big mistake!
Liberals forced conservatives to choose between an online store and a man who fights for conservatives.
With MyPillow winning, will other companies stop fighting conservatives?
Will we return America to the open economy it should be?
To support MyPillow in this fight, get what you can at this discounts page — use promo code FedUp.
It’s not just pillows at MyPillow:
To support MyPillow and see all the current deals, click here — and use promo code “FedUp”
Help us win this fight!
This is a promotional post. When you purchase products from MyPillow and us the “FedUp” code, 100 Percent Fed Up also benefits. As advertisers are being steered away from conservative sites like ours, we appreciate MyPillow choosing to advertise with us to help us pay our bills. Thank you for supporting MyPillow and for using the FedUp code at checkout which helps to support 100 Percent Fed Up!