Target Stock Plunges Amid Boycott Over Pride Month LGBTQ+ Merch For Children

Target has reportedly lost $9 billion in market value since its 2023 “PRIDE” collection featuring LGBTQ-friendly products for children and babies sparked a backlash on social media. On May 17, Target’s stock closed at $160.96 a share, giving the Minneapolis-based retailer a market cap of $74.3 billion, the New York Post reported. Shares had slipped into the 130s—139.34— by press time. Bud Light has seen sales plummet for the past six weeks, since its ill-fated marketing campaign with transgender social media influencer Dylan Mulvaney. American Greatness visited a Target in...