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To: SeekAndFind
On Friday, the shares of Target Corporation Common Stock (TGT) fell 2.52 percent in one day, according to recent reports. In addition since April 19th, the day they announced the new policy, the stock went from a share value of $84.14 to $79.27 per share. That’s a drop of 5.8 percent in 10 days.

The Family Policy institute says they estimate that to be a loss to the company of $2.5 billion dollars…

Somebody doesn't understand how the stock market works.

50 posted on 04/30/2016 9:19:11 PM PDT by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
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To: mountn man

You are correct - a serious lack of understanding how the stock market works. Target didn’t lose any money in the stock price drop - they made their money on the stocks initial sale - after that sale the only people making or losing any money are the people who buy and sell or trade the stock. The only affect on Target is any negative publicity that would affect their sales and, by default, their profits. To hurt Target you must hurt their sales.


78 posted on 05/01/2016 5:30:25 AM PDT by techrules2002
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