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Target stock loses $9 billion amid pride collection backlash

By Jenny Goldsberry
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Target stock loses $9 billion amid pride collection backlash

Target’s stock dropped as the retailer spirals deeper into controversy as a result of its 2023 pride collection.

Its shares slipped another 1.22% Friday, which only added to the total 12.6% lost during the first week of the collection, according to Dow Jones Market Data Group. Total losses are calculated to be $9.3 billion in market value.

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