Target Stock Loses $10 Billion

Target Stock Loses $10 Billion

According to Breitbart News "Target's stock has fallen 20 percent - from $84 per share to $67 per share - since it imposed the pro-transgender policy on its customer base of families. That loss has chopped roughly $10 billion from the overall shareholder value of the company, according to a chart produced by Yahoo.com."

The American Family Association (AFA) has organized an official boycott of the store attracting 1.25 million responses to the effort to see Target reverse their policy.

AFA wrote in a recent report, "In comparison to other major retailers, Target's stock has dropped three and four times more than the stock of its competitors. While there are many factors at play in the stock market, we do believe the boycott has played a role in the company’s public image and ultimate stock fall the past four weeks."

 

  

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