Target market value drops $9 billion in a week amid boycott over pride offerings


Target store Springfield 2005 10 15

(Worthy News) – Retail giant Target has lost billions in market value amid public outcry over its offering of LGBTQ-themed clothing for children.

Company market cap amounted to $74.3 billion as of last Wednesday, according to the New York Post. But by the end of trading on Thursday, that figure stood at 64.96 billion, meaning Target lost more than $9 billion in value in slightly over a week.

The company attracted bad press last week over its offering of such items, which including children’s clothing, books, and dog toys. Among the most controversial were “tuck-friendly” swimsuits intended for transgender adults. [ Source: Just the News (Read More…) ]

12
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Latest Worthy News

Fed Cuts Rates for First Time This Year, Signals More to Come
Several Nations Threaten Eurovision Boycott Over Israel (Worthy News In-Depth) (Video)
Gunmen Kill 22 At Niger Baptism Ceremony And Nearby, As Christian Farmer Escapes Attack (Worthy News Investigation)
Pakistan Flood Boat Capsize Kills 9 Amid Wider Crisis Impacting Millions, Christians Included
U.S. Designates Four Iran-Aligned Militias as Foreign Terrorist Organizations
Israel Declares ‘Iron Beam’ Laser Defense System Operational, Set for Nationwide Deployment
Protests, Clashes, and Chants of ‘Death to Khamenei’ Mark Third Anniversary of Mahsa Amini’s Death in Iran
EU Proposes Sanctions on Far-Right Israeli Ministers, Threatens Trade Suspension Amid Gaza War
U.S. and U.K. Seal $42 Billion “Tech Prosperity Deal” on AI and Innovation
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News