When the boycott started, the stock was just above $83.00. Today its at $75.60. So how’s those toilet policy working for you? Oh its in the toilet.
Walmart lost 5% during that period, Target lost 10%. I don’t know how much of that would be boycott, since it would take investors pricing in the assumed loss for the boycott, but I’m guessing probably 2% of the 10% loss is coming from that.
We’ll see in another 6 months how much of an effect it had.
The Dow fell nearly 200 points today. As far as Target goes, it’s going to take a while to separate the signal from all the noise, IMO.