Target Loses $9 Billion In Market Value In A Week Following Boycott Over LGBT Merchandise

Posted on AllSides May 25th, 2023
From The Right
Screenshot/YouTube/Fox 11 Los Angeles

Target’s market value plunged $9 billion in one week after anger erupted over the store’s new “PRIDE” collection, which features clothing for children and babies as well as a chest-binding swim top and a “tuck-friendly” women’s bathing suit.

Social media users and conservative activists began calling for boycotts of Target following the release of their PRIDE line last week. The company was valued at $160.96 per share on May 17, at a market value of $74.3 billion; as of Thursday morning each share was valued at $139.84, the lowest in...

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https://dailycaller.com/2023/05/25/target-loses-9-billion-in-market-value-in-a-week-following-boycott-over-lgbt-merchandise/

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