Defiant Target’s value now down $4.5 billion

Defiant Target’s value now down $4.5 billion

The CEO of retail giant Target is zig-zagging between the many customers who are angered by his decision to open single-sex bathrooms to the other sex, the gender-identity progressives who pushed for the disastrous transgender policy, and the Wall Street stock-pickers who have chopped roughly $4.5 billion off the company’s value. …

Cornell did not offer to return single-sex changing rooms, which is likely the most unnerving element in the company’s new open-door, pro-transgender agenda.

The company can’t easily add family changing-rooms without using up scarce space in their retail stores — and can’t reestablish single-sex changing-rooms without angering many progressive professionals in the media and fashion industries. Those progressives professionals would likely claim the company is unfairly “gender policing” its customers…

[T]he company’s stock crashed by roughly $3.50 per share after his appearance [on CNBC], down to the $75.70 level, despite a reassuring thumbs-up from one of the channel’s experts.

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