Target losing market cap due to their policy is a lot of wishful thinking at this point.
They reported a bad quarter, and the stock is down about 14% off the high.
Macy’s also reported a bad quarter, and the stock is down about 13%.
Nordstrom’s is down 27% off their recent high.
Ross stock is off about 10% in the same time frame.
Walmart was off by about 9% before their 5 day rally.
Not all retailers are down.
I could keep going, but you believe what you want to believe.
Always check the company’s “Forward Looking Statement” That’s actually more important than the current quarterly report.