Skip to content
Ticker Tape
Finance Prepper

Finance Prepper

Real Polls

Menu
  • HOME
  • Daily Poll
  • Cryptocurrency
  • Finance

Democrats Cause Major Retailer To Go Belly Up

by Market FinancePosted onMay 31, 2023May 31, 2023

Don’t be fooled, the Democrat agenda pushed by Biden caused this.

Target shareholders are facing additional challenges as they grapple with the ongoing ramifications of the Pride merchandising controversy that unfolded in recent weeks.

According to Fox, on Tuesday, Target witnessed yet another decline in shares, plummeting by 3.66%. This continuous downward trend marks the eighth consecutive decline, causing a significant decrease of $2.4 billion in market capitalization, as reported by the Dow Jones Market Data Group.

Following the backlash, Target has experienced a substantial decline in market value, dropping by over $12 billion to reach $61.77 billion as of the closing price on Tuesday. Comparatively, earlier in the month, the market value stood at over $74 billion, highlighting the significant impact of recent events on Target’s overall market worth.

This downward trend has resulted in Target’s stock experiencing its longest losing streak since November 2018, with shares reaching a new 52-week low of $133.88 per share.

Target, a retailer that has shown support for LGBTQ Pride over the years, introduced a range of merchandise this season that stirred controversy. Among the items were female-style swimsuits that provided the option for individuals to “tuck” male parts. Additionally, there were products labeled as “Thoughtfully fit on multiple body types and gender expressions,” a “Gender Fluid” mug, and a selection of adult clothing featuring slogans like “Super Queer,” among other items.

After being initially reported by Fox News Digital last week, Target faced customer backlash in specific stores, prompting the retailer to quickly implement necessary modifications in response.

The retailer’s Gay Pride collection has been associated with controversial designer Erik Carnell of Abprallen. Carnell is known for being an outspoken Satanist and incorporates occult imagery and messages like “Satan respects pronouns” on the apparel of his brand.

Popular This Week

Garth Brooks Flips On Republicans

Essential Business Flees Democrat City

Democrats Paying Illegals How Much Per Week?

Retailer’s Solution To Stop Democrat Endorsed Theft

Trump vs DeSantis: Who Will Really Fix U.S. Economy?

White House Escalates Problems With China

$4,555 Social Security Checks On The Way?

Americans Kiss Their Jobs Goodbye

GOP Sounds Alarm, Retirement Doomed

Americans Dealing With New Kind Of Poverty

Posted in FinanceTagged amazon, AMC, Biden, Bitcoin, bitcoin merchant account, bitcoin mining cloud computing, bitcoin stock chart, business, buy stocks with bitcoin, car insurance, company, crisis, crypto, cryptocurrency, Doge, DOW, DOW Jones, ethereum, Finance, GME, how to invest in bitcoin stock, inflation, investing, market, mortgage, oil, OPEC, Poll, real estate, S&P, S&P 500, stock market, stocks, supply chain, Tax, taxation, Tesla, trading

Published by Market Finance

View all posts by Market Finance

Post navigation

Prev White House Escalates Problems With China
Next Trump vs DeSantis: Who Will Really Fix U.S. Economy?
Powered by Investing.com

What’s Your Opinion?

  • Garth Brooks Flips On Republicans
  • Essential Business Flees Democrat City
  • Biden Says He Added More Jobs Than Any Other President, You Agree?
  • Democrats Paying Illegals How Much Per Week?
  • Retailer’s Solution To Stop Democrat Endorsed Theft

Tags

amazon AMC Biden Bitcoin bitcoin merchant account bitcoin mining cloud computing bitcoin stock chart business buy stocks with bitcoin car insurance company conservatives crisis crypto cryptocurrency Doge DOW DOW Jones election ethereum Finance GME Harris how to invest in bitcoin stock inflation investing Joe Biden Kamala market mortgage news oil OPEC Poll real estate republican S&P S&P 500 stock market stocks supply chain Tax taxation Tesla trading
Amphibious Theme by TemplatePocket ⋅ Powered by WordPress