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Target market cap losses swell to $15 billion as shares drop again amid woke backlash

Por: New York Post Business June 10, 2023

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Target shareholders took a beating again on Friday, with the big-box retailer’s stock falling 3.26%. The backlash from the Pride controversy coincides with the stock losing over $15 billion in market value since mid-May. Shares plummeted to $126.99 when the market closed after eclipsing $161 just last month after a third Wall Street firm downgraded the shares on concerns over slowing sales. Since the controversy began, to $58.61 billion as of... + full article



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