Saturday, September 30, 2023
Saturday, September 30, 2023
Saturday, September 30, 2023

Target loses 12B in 14 days: Retail giant’s market cap plummets after longest losing streak in FIVE YEARS as shares drop to lowest level in a year amid Pride ‘tuck-friendly’ swimwear controversy

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Target’s share prices continued to plummet for an eighth-straight day Tuesday as the retailer faces its biggest losing streak in five years, Your Content has learned.

Target shares fell 3.66 percent Tuesday, resulting in the retail store losing $2.4billion in market capitalization.

The losses put the stock on its longest losing streak since November 2018, with prices at a 52-week low of $133.88.

Target’s market capitalization fell by over $12billion in the last 14 days,‘according to FLIPBOARD.

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