After the boycott’s launch Friday, March 7, Amazon stock underwent a transient 2.12 percent dip, with shares dropping from an opening price of $199 to a low of $193, though it subsequently rallied, ending the session higher at $202.

Days after a nationwide "economic blackout," a 40-day boycott of Target has begun — with more actions against major corporations upcoming. Here's why.

Schwarz has organized a Nestle blackout – which owns the likes of Nescafé and KitKat – from March 21 until March 28 and a Walmart blackout from April 7 to April 13. It comes as Target faces a possible 40-day nationwide boycott after the retail giant ditched its diversity, equity and inclusion initiatives last month. The two boycotts are not linked.

What Happened? Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 3.3% in the afternoon session as markets remained anxious about the negative impact of tariffs, with concerns intensifying following new updates from the Trump administration.