The backlash against Tyson Foods and its multiple brands continues to intensify following the company's decision to terminate 1,500 American workers and replace them with hires from a refugee group and undocumented immigrants. Social media has been abuzz with the hashtag #BanTyson, as outraged individuals declare their refusal to purchase any of the company's products. Now, even Wall Street is cautioning potential investors about the risk of significant devaluation of Tyson Food's stock.

On Monday, the American Conservative Values ETF, managed by Ridgeline Research, took a decisive stance by rating Tyson Food's stock as a "refuse to buy" option due to what they deem a "woke decision" to forsake hard-working Americans. Bill Flaig, the CEO of Ridgeline, expressed his strong disagreement with Tyson's management, stating that they have stepped into a political minefield and should have foreseen the consequences. He cited a recent Pew Research poll in which 80% of U.S. adults expressed dissatisfaction with the government's handling of the migrant influx.

The controversy began last week when Tyson Foods closed one of its plants in an Iowa town, leaving over 1,200 residents, out of a population of 8,000, unemployed. Shortly after, the company announced its ambitious plan to hire over 30,000 migrants, covering their legal court bills, housing, and more. Tyson even organized a job fair exclusively for undocumented immigrants and asylum-seekers seeking these new positions.

Ridgeline's CEO defended their decision to downgrade Tyson's stock, drawing a parallel with previous instances where other companies suffered negative consequences after alienating their customers. He highlighted Bud Light's loss of over $1 billion last year as an example. Flaig argued that divesting from Tyson Foods would protect their shareholders' interests.

While it is acknowledged that many companies hire undocumented immigrants and pay them lower wages under the table, Tyson's move is viewed as an attempt to institutionalize that process for tens of thousands of migrants. The concern is that by hiring migrants at significantly lower salaries than American workers, Tyson Foods will drive down wages across the board and exacerbate an already vulnerable economic system.

It should be noted that migrants do need employment opportunities, but the optics of firing thousands of legal residents to make way for tens of thousands of migrants raises questions about the company's decision-making process. Critics argue that a more thoughtful approach should be taken to avoid overwhelming an already strained system.

As the #BanTyson movement gains momentum and Wall Street voices its concerns, the future of Tyson Foods and its stock hangs in the balance. The company's decision to let go of American workers in favor of hiring undocumented immigrants has ignited a fierce debate about the immediate economic impact and long-term consequences of their actions.