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Target Boycott Costs Company $1.5 Billion in the Stock Market

Target’s PC culture decision to allow transgender people to access whichever bathroom they would like at Target store has backfired [1]:

Amid the turmoil, the company’s stock edged down from $83.98 per share on April 19 to roughly $81.33 in April 28.

That’s a loss of $2.65 per share [2], which chops the company’s stock market value by $1.5 billion, down to $48.8 billion.

Photo by JeepersMedia [3] [4]