It looks like Target’s “emergency meeting” didn’t go as well as they had hoped because the first sign of financial issues have hit the company,
Between May 20-25, 2023, Target’s stock fell 11%.
Target’s stock is down 10.88% in the last week. Keep it up. pic.twitter.com/JT666jktUh
— Rosie’s Raytheon Refund (@DarnelSugarfoo) May 24, 2023
From Fox Business:
Shares [for Target] slipped 2.7% on Wednesday and have dropped more than 9% this month, with 6% of that decline this week alone, as tracked by Dow Jones Market Data Group. That amounts to $4.2 billon in market value.
Over the same time frame, the S&P 500 has dropped just over 1%.
Responding to the news network over the stock slide Target stuck with its passive-aggressive response toward conservatives.
“For more than a decade, Target has offered an assortment of products aimed at celebrating Pride Month,” a Target spokesperson told Fox News Digital. “Since introducing this year’s collection, we’ve experienced threats impacting our team members’ sense of safety and well-being while at work. Given these volatile circumstances, we are making adjustments to our plans, including removing items that have been at the center of the most significant confrontational behavior. Our focus now is on moving forward with our continuing commitment to the LGBTQIA+ community and standing with them as we celebrate Pride Month and throughout the year.”
According to the New York Post “Target has lost $9 billion in market value” since the Pride collection was made public.
“I think that Target really soon is about to find out what happens when conservatives shop or rather don’t shop, because they are about to get Bud Light-ed,” Lahren told Fox News host Sean Hannity on Tuesday.
Just you wait folks, these boycotts are so successful it won’t be long before the left is blaming conservatives for purposely tanking the economy.