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Keyword: budlighted

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  • Target loses $10B in market cap in 10 days and stock falls to its lowest trading value in a YEAR in the wake of its Pride 'tuck-friendly' swimwear line - as Ted Cruz slams chain for 'not understanding or respecting customers'

    05/28/2023 9:40:08 PM PDT · by Morgana · 17 replies
    Daily Mail UK ^ | May 28, 2023 | Alex Hammer
    Target has lost more than $10billion in market capitalization in the span of 10 days - as it continues to face backlash for Pride-themed merchandise. Prior to the controversy - which stems over a LGBTQ-geared clothing campaign that touts 'tuck-friendly' bathing suits and pro-trans T-shirts for kids - Target shares were trading at $160.96, giving the retailer a market valuation of roughly $74.3billion. By the time The New York Stock Exchange (NYSE) closed Friday, the blue-chip stock was trading at $138.93 - marking a market valuation of 64,2billion, and loss of $10.1billion. The sum, moreover, stands as the superstore's lowest...
  • Target loses $10B in 10 days as stocks fall following boycott over LGBTQ-friendly kids clothing

    05/28/2023 10:55:41 AM PDT · by ChicagoConservative27 · 83 replies
    Nypost ^ | 05/28/2023 | Ronny Reyes
    Target has lost $10 billion in market valuation over the last 10 days as the popular retailer continues to face backlash over its Pride-themed clothing line for children. A week ago Wednesday, Target enjoyed its stock value at $160.96 a share, but following the calls to boycott the Minneapolis-based retailer over its “PRIDE” collection, the value plummeted and closed Friday at $138.93 a share.
  • Bud Light Digs Bigger Hole for Itself, Sponsors Several Pride Events as Value Plummets $15.7B

    05/26/2023 7:41:18 AM PDT · by Red Badger · 64 replies
    Daily Fetched ^ | May 26, 2023 | By: Jason Walsh
    Bud Light has decided to double down on its LGBT stance and is now sponsoring several Pride events across the U.S. despite Anheuser-Busch InBev’s market value plummeting to $15.7 billion. The Beverage company has been in a death spiral since its disastrous partnership with transgender activist and influencer Dylan Mulvaney. But now Bud Light is listed as a sponsor for Pride parade events in Cincinnati and Columbus, Ohio, and St. Louis, Missouri. According to a report from The Daily Wire, “in St. Louis, Missouri, where Anheuser-Busch is headquartered, the company is listed as the presenting sponsor of the St. Louis...
  • The North Face Debuts ‘Summer Of Pride’ With Campy Drag Video Amid Ongoing Bud Light, Target Backlash

    05/24/2023 4:50:51 PM PDT · by Rummyfan · 43 replies
    The Daily Wire ^ | 24 May 2023 | Amanda Harding
    Despite ongoing customer boycotts against Bud Light and a new controversy with Target’s latest Pride Month push, outdoor sports gear brand The North Face just debuted an over-the-top “Summer of Pride” promotion on social media. As of Wednesday afternoon, Instagram comments were still turned on for the post. The video clip features drag queen and self-described environmentalist and community organizer Pattie Gonia. The influencer co-founded the non-profit organization The Outdoorist Oath The video promo boasted that the event “Summer of Pride” would include “hiking, community, art, lesbians” and “lesbians making art.” The company sponsored the same event last summer in...
  • Target Loses $9 Billion in Market Value After Boycott

    05/25/2023 12:47:23 PM PDT · by SeekAndFind · 58 replies
    PJ Media ^ | 05/25/2023 | Matt Margolis
    Target has faced enormous criticism for its recent efforts to cater to the transgender community in recent weeks after the national retailer introduced a “Pride collection” across its stores, featuring merchandise, clothing, and books promoting transgender-friendly messages and leftist gender ideology. What made this particularly troubling was that the products were not just for adults but also for young children and babies. Target also ensured that these products were prominently displayed at the front of its stores, forcing everyone who entered to be exposed to its rainbow-colored propaganda. In response to the mounting backlash, Target held an emergency meeting and...