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The Real reason Target‘s stock is dropping
Posted on 6/2/23 at 10:32 pm
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??
CNN back at it again with this classic piece. I felt sick halfway through reading this garbage. They can’t be serious??
Posted on 6/2/23 at 10:39 pm to Sneakerhead42
Guess the same applies to Tranny Light as well?
Posted on 6/2/23 at 10:47 pm to Sneakerhead42
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.
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 on 6/2/23 at 10:48 pm to Sneakerhead42
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 on 6/2/23 at 10:49 pm to Sneakerhead42
Cliffs for those who refuse to give CNN clicks?
Posted on 6/2/23 at 11:00 pm to Kafka
quote:It’s an article, written by shel, concluding that Target’s stock is falling yeah, but so are other retail stocks.
Cliffs for those who refuse to give CNN clicks?
shel cherry picks about 3 other stocks to make its point. The other 3 stocks haven’t fallen even 50% as much as Target’s. Footlocker was one of the examples.
That’s all the data they give and the rest just says “seeeeeeee, fig/tranny clothes has nothing to do with this.”
Posted on 6/3/23 at 8:39 am to Sneakerhead42
This is perfect. Let them live in denial.
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