Target loses $9 billion in market value in a week since boycott over controversial LGBTQ Pride products, GOP presidential candidate says big-box retailer ‘spit in the face’ of its customers
Target has lost billions in market value since the controversy stemming from the retailer’s rollout of its eyebrow-raising LGBTQ Pride collection.
Last Wednesday, Target’s stock closed at $160.96 a share — giving the big-box retail chain a market capitalization of $74.3 billion. However, Target’s stock was trading at $141.76 — dropping the market capitalization to $65.3 billion. Within a week, Target dropped by 12% and lost $9 billion in market share.
WOKE GO BROKE along with their Democrat Party masters !!!!!
That’s right another stupid WOKE idea hope it puts them out of business permanently.