Target Just Got Very Bad News
Target’s stock has dropped more than 10 percentage points since the company invited controversy by unveiling its latest line of LGBT products. That amounts to a loss of more than $9 billion in market value, data shows.
The issue goes far beyond Target—Walmart, Kohl’s, and many other retailers are also being watched closely by conservative consumers.
And this is all just a prelude to what comes on June 1: the start of Pride Month.
