Target Stock Drops After Store Announces Controversial ‘Inclusivity’ Policy

Source: The Blaze | April 29, 2016 | Tré Goins-Phillips

Following the Target Corporation’s decision to allow transgender customers and employees to use whichever bathroom they prefer, the retail brand’s stock has slightly fallen.

The drop may be nothing more than a coincidence, but Target’s stock price has dipped by 5.8 percent since April 19, when the store first announced the “inclusivity” policy.

….

Shares of Target Corporation Common Stock (TGT) have fallen from $84.14 a share on April 19 to $79.27 a share as of Friday evening, 10 days after the transgender policy was enacted.

The stock price had fallen by 2.52 percent on Friday alone, as of 4 p.m. Ultimately, the drop “would represent a corporate loss of over $2.5 billion,” according to the Family Policy Institute.

Tagged: , ,

Viewing 9 posts - 1 through 9 (of 9 total)
  • Discussion
  • Consistent April 29, 2016 at 10:32 pm #5508

    liberty April 29, 2016 at 10:49 pm #5509

    I drifted away from going to Target. I wasn’t going very often. Now I will just skip it, there are other places to shop.

    ConservativeGranny April 30, 2016 at 12:42 am #5512

    Good. I hope it hits them really hard on the bottom line.

    EVERYDAY April 30, 2016 at 8:47 am #5516

    Well, I was bad. I shopped at Target yesterday. But I didn’t use the restrooms.

    If this nonsense spreads everywhere, I can see the profits for companies that make incontinence products going up.

    Consistent April 30, 2016 at 9:48 am #5520

    Neverdul April 30, 2016 at 11:14 am #5525

    Is anyone proposing to boycott Trump owned properties since he basically indicated the same policy as Target – said that Caitlyn Jenner could use whatever bathroom “she” wanted?

    EVERYDAY April 30, 2016 at 11:21 am #5526

    Do you have a list? Obviously, anything with the Trump name on it, but there could be others without his name in which he has an ownership interest.

    Neverdul April 30, 2016 at 1:53 pm #5535
    EVERYDAY wrote:

    Do you have a list? Obviously, anything with the Trump name on it, but there could be others without his name in which he has an ownership interest.

    A lot of his businesses have his name on them (Trump This, Trump That) but I guess you could go to http://www.trump.com/

    But probably for the most complete list, look at his FEC filing. Many of these are holding companies.

    https://assets.documentcloud.org/documents/2175187/trump.pdf

    EVERYDAY April 30, 2016 at 2:06 pm #5536

    Thanks Neverdul.

Viewing 9 posts - 1 through 9 (of 9 total)

You must be logged in to reply to this topic.