Target’s Stock Down 5 Percent, Brand Damaged, by Public Rebuke to Pro-Transgender Bathroom Rules

According to Breitbart:

Target’s stock price and its favorability among shoppers are crashing as the public rebukes the retail giant for ignoring their vigorous protest against mixed-sex changing rooms and bathrooms.

The company’s stock was two cents shy of $84 on August 19, when it revealed it would not allow shoppers to use single-sex bathrooms or changing rooms. Instead, all rooms were opened up to anyone claiming to be of either sex. As of 4.00 p.m. Friday, the stock had dropped almost $4.50, down to $79.50.

That’s a huge loss of 5 percent in stock value, costing shareholders roughly $2.5 billion in company value.

View article →