Full screen recommended.
The Final Economy, 11/7/23
"Target Is Staring At A Complete Collapse Now"
"Target has lost over 14 billion dollars in market valuation in 10 days due to a cocktail of controversies and economic challenges. As a result their stock has lost about a fifth of its value, after going on a nine day losing streak and hitting a three year low in October. The stock price dropped from 161 dollars to 126.99 dollars in just a month. This decline came after a third Wall Street firm downgraded the shares due to worries about slowing sales. The company announced that it will close one store in New York City’s Harlem neighbourhood, two locations in Seattle, three stores in the San Francisco-Oakland area and three more in Portland, Oregon. The discounter said it will shut down the stores for good on Oct. 21. Experts predict that more store closings will occur as the retailer faces political controversies along with threats of recession."
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