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Target Boycott Fallout & Historic Credit Card Debt | 5.31.23
Morning Wire
Target's $10 Billion Market Valuation Has Been Hit by the Boycott Campaign
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Retail giant target has lost $10 billion in market valuation since facing backlash from consumers over the company's LGBT pride merchandise for children. Target shares have slipped for six consecutive sessions. University of Michigan economist Justin Wolffers went as far as to describe the boycott campaign as "economic terrorism"
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