BREAKING: Target stock, $TGT, has officially erased $30 billion in market value in 6 months since theft losses picked up.
— The Kobeissi Letter (@KobeissiLetter) October 4, 2023
The stock is now down ~60% from its all time high and ~36% over the last 6 months.
In May, Target said they expect $1.3 billion in losses due to theft.
In… pic.twitter.com/9Hiuqfmg0u
The NOT on Target “target” targeted
Written by Michael E Dehn
Founder and CEO of Metro Pulse a continually running enterprise since May 1980.
October 4, 2023
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