TARGET Stock Loses $1.3 BILLION In Stock Market Capitalization After Tom Emmer Donation Boycott Begins

Target Corp. has lost $1.3 billion in stock market capitalization sinceJuly 27th 27, when Target Chief Executive Gregg Steinhafel first defended the donation of $150,000 to help a pro-business, anti-gay-marriage Republican gubernatorial Tom Emmer  Over the same six trading days, stock prices rose at Target’s largest rivals, Wal-Mart Stores Inc. and Costco Wholesale Corp. Broader market indexes also were up, including the Dow Jones industrial average and the S&P 500 proving that this was not related a retail or whole market trading slump.

Target spokeswoman Jenn Glass attes that the shifting stock price reflects “too many factors that we can’t attribute it to just one thing.” Despite the fact that gay advocates, their supporters and progessive groups are standing up to the retail giant. 

Yea for OUR side!  1.3 BILLION Dollars Lost Target!  And it ain’t over yet bitches.  Not by a long shot!

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Will Kohler

Will Kohler is a noted LGBT historian, writer, blogger and owner of Back2Stonewall.com. A longtime gay activist, Will fought on the front lines of the AIDS epidemic with ACT-UP and continues fighting today for LGBT acceptance and full equality. Will’s work has been referenced in notable media venues as MSNBC and BBC News, The Washington Post, The Advocate, The Daily Beast, Hollywood Reporter, Raw Story, and The Huffington Post

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1 thought on “TARGET Stock Loses $1.3 BILLION In Stock Market Capitalization After Tom Emmer Donation Boycott Begins”

  1. I haven't heard anything from rosie on this boycott. I imagine the losses will be even greater if she does endorse the boycott publicly.

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