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The Real reason Target‘s stock is dropping

Posted on 6/2/23 at 10:32 pm
Posted by Sneakerhead42
North Pole, Alaska
Member since Dec 2014
2165 posts
Posted on 6/2/23 at 10:32 pm
LINK

CNN back at it again with this classic piece. I felt sick halfway through reading this garbage. They can’t be serious??
Posted by Dig Deep
North Shore
Member since May 2022
141 posts
Posted on 6/2/23 at 10:35 pm to
STOP THE BS! LOLOLOL
Posted by Chef Curry
Member since Mar 2019
2073 posts
Posted on 6/2/23 at 10:39 pm to
Guess the same applies to Tranny Light as well?
Posted by Lightning
Texas
Member since May 2014
2302 posts
Posted on 6/2/23 at 10:47 pm to
It’s weird how they mention that all the other retail stocks are suffering but don’t give comparison numbers.

Walmart is down 1.2% over the past month.

Target is down 13.8%.

But but but… Target sells more discretionary items than Walmart!

Amazon is largely discretionary purchases and they are up 19.87% over the past month.

Posted by OysterPoBoy
City of St. George
Member since Jul 2013
35545 posts
Posted on 6/2/23 at 10:48 pm to
quote:

and Target’s over-exposure to discretionary merchandise


And for some reason we can’t determined people started getting very discretionary these last couple weeks.
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
142507 posts
Posted on 6/2/23 at 10:49 pm to
Cliffs for those who refuse to give CNN clicks?
Posted by McLemore
Member since Dec 2003
31546 posts
Posted on 6/3/23 at 8:39 am to
This is perfect. Let them live in denial.
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