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Target’s Market Value Drops $9 Billion In One Week Following Growing Boycott And Tarnished Brand Image Led By Conservatives

Target’s Market Value Drops $9 Billion in One Week Following Growing Boycott and Tarnished Brand Image Led by Conservatives

by Big League Politics
May 25, 2023
in Aggregated, News

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Conservatives are feeling optimistic about their latest on-going boycott against Target as the woke company’s market value drops $9 billion in just one week .

From The New York Post:

A week ago Wednesday before the controversy erupted, Target’s stock closed at $160.96 a share, giving the big-box chain a market capitalization of $74.3 billion.

As of early trading on Thursday, however, shares of the company were trading off 1% at $141.76 — capping a weeklong tumble that has shrunk the “cheap chic” discount retailer’s value to $65.3 billion. That amounts to a 12% drop that has shaved a whopping $9 billion off the company’s market capitalization. Customers have taken issue with sex-fueled merchandise created by “Satanist” U.K.-based designer, Erik Carnell, like a pin that went viral which states “Satan respects pronouns.”Other items include, but are not limited to, Target’s manufacturing of “tuck-friendly” and “chest-binding” swimsuits for children.Over the […]

Read the Whole Article From the Source: bigleaguepolitics.com

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