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"Target stock just can’t catch a break."

Posted on 9/18/23 at 5:17 pm
Posted by ItzMe1972
Member since Dec 2013
12306 posts
Posted on 9/18/23 at 5:17 pm
Target stock just can’t catch a break.

Target shares (ticker: TGT) fell 3% to $119.34 on Monday. The shares, which are off more than 6% since the start of the month and more than 20% so far this year, are hovering not far above their 52-week low. If they fall below $117.90, it would be their lowest close in more than three years.


There was no obvious reason for the move down. While inflation has pushed up the price of essentials, which in turn have muscled out discretionary spending from many Americans’ budgets, other discretionary retailers traded higher, from Signet Jewelers (SIG) to TJX Cos. (TJX).
Posted by LSUvet72
Member since Sep 2013
13103 posts
Posted on 9/18/23 at 5:20 pm to
I’m sure it has nothing to do with Rainbow apparel.

Posted by LRB1967
Tennessee
Member since Dec 2020
23011 posts
Posted on 9/18/23 at 5:21 pm to
Maybe Target should quit pandering to the groomers
Posted by MintBerry Crunch
Member since Nov 2010
5893 posts
Posted on 9/18/23 at 5:21 pm to
The comparatives are stupid. Instead of going to Tiffany, people are going to Zales. Instead of going to brand retailers, people are going to TJ Maxx.

Instead of going to Target, people are going to Wal-Mart.
Posted by CamdenTiger
Member since Aug 2009
65347 posts
Posted on 9/18/23 at 5:23 pm to
After the Bathroom tranny decision, our whole family just quit going there. We used to spend a crap load there, especially before the school year started. There’s just no going back IMO.
Posted by Strannix
C.S.A.
Member since Dec 2012
53165 posts
Posted on 9/18/23 at 5:26 pm to
Its the groomers
Posted by teke184
Zachary, LA
Member since Jan 2007
103260 posts
Posted on 9/18/23 at 5:35 pm to
When an economy gets bad, it makes it a lot easier to cut out buying at a retailer that pisses you off if they aren’t the cheapest.
Posted by Burt Orangello
DFW
Member since Sep 2023
638 posts
Posted on 9/18/23 at 5:35 pm to
Yep. That used to be where I bought groceries. Exclusively. About $1000/month.

I haven't set foot in a Target since the "bathroom" nonsense.

I'm sure I'm not alone.
Posted by Figgy
CenCal
Member since May 2020
9843 posts
Posted on 9/18/23 at 5:38 pm to
quote:

Target stock just can’t catch a break.


Is this news supposed to upset me? Because it doesn’t

quote:

There was no obvious reason for the move down.


Theft and trannies. You’re welcome, Target.
Posted by Tight 10
Member since Nov 2021
489 posts
Posted on 9/18/23 at 5:44 pm to
When Target decided it was ok for men to go in the same bathroom as my daughter I was done.
Have not spent a dime with them since and it feels great
Posted by Chrome
Chromeville
Member since Nov 2007
12902 posts
Posted on 9/18/23 at 5:49 pm to
Maybe Target should quit pandering to the groomers

I have yet to see ANY company doing better pandering to a group. Dove will take a hit too pandering to BLM. Stock holders should give the management the boot for doing this. Oh, and by group, I mean ANY groups, conservative or liberal.
Posted by LSUbest
Coastal Plain
Member since Aug 2007
15304 posts
Posted on 9/18/23 at 5:55 pm to
quote:

There was no obvious reason for the move down.


Tuck those loses Target, we don't want to see it.
Posted by Timeoday
Easter Island
Member since Aug 2020
19386 posts
Posted on 9/18/23 at 5:57 pm to
Quit shopping at Target the day they announced men could use the women's bathroom.

I pray the company goes bankrupt.
Posted by idlewatcher
Planet Arium
Member since Jan 2012
93740 posts
Posted on 9/18/23 at 5:59 pm to
quote:

haven't set foot in a Target since the "bathroom" nonsense.


You’re a principled baw. Most are doing that now with the tranny tucking suits thing

I’m riding with you. Haven’t stepped foot in that shite store since the tranny bathroom thing. Hope they go to $0.00/share
Posted by the808bass
The Lou
Member since Oct 2012
126650 posts
Posted on 9/18/23 at 6:02 pm to
quote:

After the Bathroom tranny decision, our whole family just quit going there.


We had just started going back after they shut up about the tranny bathrooms.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
70223 posts
Posted on 9/18/23 at 6:09 pm to
quote:

While inflation has pushed up the price of essentials, which in turn have muscled out discretionary spending from many Americans’ budgets,


But but but bidenomics is working!!
Posted by Sput
Member since Mar 2020
9125 posts
Posted on 9/18/23 at 6:39 pm to
KMart on steroids bout to have some prime real estate available for the Halloween Store
This post was edited on 9/18/23 at 6:40 pm
Posted by dafif
Member since Jan 2019
8070 posts
Posted on 9/18/23 at 6:59 pm to
2 easy decisions

1. Never buy an InBev product

2. Stop going to target
Posted by omegaman66
greenwell springs
Member since Oct 2007
26506 posts
Posted on 9/18/23 at 7:05 pm to
quote:

There was no obvious reason for the move down.


Try harder.
Posted by McLemore
Member since Dec 2003
34987 posts
Posted on 9/18/23 at 7:27 pm to
The emperor has tranny clothes.
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