Target Losses Climb to $12.4 Billion; Shares at Lowest Since 2020

Fox News Business

There is more trouble for Target shareholders who continue to bear the brunt of the Pride merchandising controversy, which erupted earlier this month.

Shares fell another 3.66% Tuesday, marking the eighth straight decline and lopping off another $2.4 billion in market cap, as tracked by Dow Jones Market Data Group.

Since the backlash, Target’s market value has fallen over $12 billion to $61.77 billion as of Tuesday’s closing price. Mid-month the market value was over $74 billion.

READ THE FULL STORY

 

Latest News

GOP Presidential Candidates Prepare for Critical Second Debate Without Trump

GOP Presidential Candidates Prepare for Critical Second Debate Without Trump

Sep 26, 20236 min read
If Wednesday's second GOP presidential primary debate proves to be anything like the first, we're in for a night of political punches and maybe a rhetorical gang fight or two as the candidates look to score points in another Trump-less bout.
Poll Showing Biden Leading Trump by 6 Points – if Former President Is Convicted – Has DeSantis Backers Written All Over It

Poll Showing Biden Leading Trump by 6 Points – if Former President Is Convicted – Has DeSantis Backers Written All Over It

Sep 26, 20235 min read
A recent poll showing President Joe Biden ahead of Donald Trump in a 2024 rematch if the former president is convicted of the indictments he's facing was conducted by the pollster working with Florida Governor Ron DeSantis' super PAC.
‘Join the Communists’: Minneapolis to Play Host to ‘Marxist School’

‘Join the Communists’: Minneapolis to Play Host to ‘Marxist School’

Sep 26, 20234 min read
The 2023 Marxist School, organized by a group called International Marxist Tendency (IMT), is coming to Minneapolis at the end of September. “Join the communists!” a website for the event says.
Dem-Aligned ‘States Project’ Drops Millions to Change Laws in Swing States

Dem-Aligned ‘States Project’ Drops Millions to Change Laws in Swing States

Sep 26, 20232 min read
The States Project, a Democrat-aligned group, spent $60 million across five swing states last year as part of an effort to proliferate liberal policies, The New York Times reported. The group focuses on getting Democrats elected to state legislatures and aids them once elected in order to get more liberal policies passed, according to its website. The States Project’s is a joint initiative between PAC For America’s Future, which receives funding from George Soros’ Democracy PAC, and Future Now Action, a 501c4 dark money group that does not disclose its donors, according to the organization’s website.
Democratic Cam-Girl Candidate Calls Her Stalking Episode ‘Murder in Slow Motion’

Democratic Cam-Girl Candidate Calls Her Stalking Episode ‘Murder in Slow Motion’

Sep 26, 20233 min read
On the Blue Virginia campaign blog, Gibson posted a reminiscence, "Susanna Gibson: Stalking Has Been Referred to as Murder in Slow Motion, Which I Can Personally Attest Is True," recounting how in 2015, the cam-girl was the victim of a stalker. I caught the interest of a man who I had never met. He began to watch me. Watching my house and observing my schedule as I worked making house calls as a Nurse Practitioner for VCU.
SOLTEA Special Offer
 

Story Calendar

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *