GOPDD: Target Sales Drop Amid Transgender Promotion, Consumer Boycott, $10 Billion Stock Crash

May 19, 2016 by Clyde

Retail giant Target is losing sales and may be on track for another major stock-drop in the second quarter, analysts say, amid a growing boycott caused by the company’s transgender friendly policies.
The company’s second-quarter sales, from April to June, may drop as much as 2 percent compared to the prior year, executives told reporters and Wall Street analysts. That’s “horrendous,” said Jim Cramer, founder of the stock-market website, TheStreet.com.

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