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Target loses $9B in week following boycott
calls over LGBTQ-friendly kids clothing

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Posted By: Pinkpanther, 5/25/2023 4:44:53 PM

Target has lost $9 billion in market value since angry social media users called for a boycott of the Minneapolis-based retailer over its rollout of the “PRIDE” collection featuring LGBTQ-friendly clothing for children. 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

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Reply 1 - Posted by: paral04 5/25/2023 5:05:18 PM (No. 1477422)
What idiots. When will these so called marketing geniuses figure out that they need to stay away from politics and controversial causes? It is a no win pandering to controversial minority opinions.
19 people like this.

Reply 2 - Posted by: jalo1951 5/25/2023 5:06:40 PM (No. 1477425)
"Minneapolis based" - that explains a lot. Let's show these "elites" there is more to us than what they ever imagined. Not a big time Target shopper. More expensive, and hard to get to and hard to park. Better prices and selections at other stores. BUT I will never go back.
20 people like this.

Reply 3 - Posted by: thatsomewhereplace 5/25/2023 5:15:43 PM (No. 1477433)
Aw. So sorry Target lost all that money. However, I quit Target many years ago when they were implementing one size fits all bathrooms.
20 people like this.

Reply 4 - Posted by: plomke 5/25/2023 5:44:40 PM (No. 1477450)
So..ummm why post this item twice??? Cause most people figured out the Search function awhile ago. But hey,points for the effort...
4 people like this.

Reply 5 - Posted by: LadyVet 5/25/2023 5:44:53 PM (No. 1477451)
It will not be low enough until all of Cornell's stock options are worthless.
7 people like this.

Reply 6 - Posted by: DougTN 5/25/2023 5:51:01 PM (No. 1477457)
Play stupid games win stupid prizes. Retail has some pretty thin margins, so you’d think they’d behave like they want to make money. Their Board’s fiduciary responsibility, there only responsibility is to safeguard their investor’s interests. Woke ESG crap is not a part of that.
6 people like this.

Reply 7 - Posted by: Highlander 5/25/2023 5:58:09 PM (No. 1477462)
I didn’t think any corporation could out-Disney Disney and BudLight, but Target sure did with this woke stunt.
12 people like this.

Reply 8 - Posted by: udanja99 5/25/2023 6:50:50 PM (No. 1477486)
“Tuck friendly”. Why are these corporations catering to trannies who make up 0.6% of the population?
14 people like this.

Reply 9 - Posted by: Mizz Fixxit 5/25/2023 6:55:28 PM (No. 1477490)
Target, formerly Daytons. Idiot democrat former Minnesota governor, Mark Dayton, is an heir to the fortune. I boycotted Target for a few years when they went woke on bathrooms. This LGBTQ-friendly kids clothing is the final insult. Never again.
7 people like this.

Reply 10 - Posted by: Dodge Boy 5/25/2023 7:35:32 PM (No. 1477507)
The latest installment of go woke, go broke.
3 people like this.

Reply 11 - Posted by: bobn.t 5/25/2023 8:06:24 PM (No. 1477531)
I hate Target and never shop there. Target is focused on the homo world and actively support it. Not for me nor my family.
5 people like this.

Reply 12 - Posted by: DVC 5/25/2023 8:09:09 PM (No. 1477537)
I promise to never shop at Target.
5 people like this.

Reply 13 - Posted by: volksford 5/25/2023 8:13:54 PM (No. 1477550)
Good I hope they lose 9 billion more
5 people like this.

Reply 14 - Posted by: Ruthless 5/25/2023 8:19:15 PM (No. 1477559)
Na Na Na Na! Hey, Hey, Hey! GOODBYE!!
4 people like this.

Reply 15 - Posted by: DVC 5/25/2023 9:04:08 PM (No. 1477591)
Re #8, somehow I imagine that your 0.6% is wildly overstated by some leftist organization.
6 people like this.

Reply 16 - Posted by: Subsuburban 5/25/2023 9:18:42 PM (No. 1477605)
Why does ANY normal person shop at this store? Everything they have on offer can be had elsewhere. Let all the vast numbers of trannies and gay poofters--about 1% of the population--try to salvage Target from the economic dump in which it belongs. I'll be here, pointing and laughing.
4 people like this.

Reply 17 - Posted by: hershey 5/25/2023 9:37:33 PM (No. 1477622)
Thought they learned their lesson when they came out as anti 2A...guess not...haven't set foot in one of them since then...with the national 'press' on board with the alphabet people, the only way we can have our voices heard is by keeping our $$ in our pockets...go ahead and sink, I don't give a dammm
3 people like this.

Reply 18 - Posted by: rytwng 5/25/2023 10:27:43 PM (No. 1477657)
Why offend 99% of the people to appease 1% of perverts?
7 people like this.

Reply 19 - Posted by: mifla 5/26/2023 5:02:02 AM (No. 1477748)
Did Target hire the A-B VP who hired Dylan Mulvaney?
4 people like this.

Reply 20 - Posted by: Talk2 5/26/2023 10:42:05 AM (No. 1477943)
Target is building a new store in my neighborhood. Maybe their WOKE move will mean they will never open the doors. One must wonder how the inmates got control of these corporations.
2 people like this.

Reply 21 - Posted by: MickTurn 5/26/2023 11:02:36 AM (No. 1477962)
SO Tell us Target, how is that Tranny Crapola working out for ya?
3 people like this.

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