Target Stock Prices Plummet After 1 Million-Strong Boycott Over Transgender Bathroom Policy

Target’s stock fell from $84.10 per share on April 19 to roughly $79.36 on April 29, representing a corporate loss of over $2.5 billion," if constant.

“Target’s policy is exactly how sexual predators get access to their victims. And with Target publicly boasting that men can enter women’s bathrooms, where do you think predators are going to go?” the AFA’s petition states. “Clearly, Target’s dangerous new policy poses a danger to wives and daughters. We think many customers will agree. And we think the average Target customer is willing to pledge to boycott Target stores until it makes protecting women and children a priority.”

 

Target has seen its stock prices plummet after over 1 million people signed a petition pledging a boycott over its new bathroom policies that allow employees and customers who are men according to their birth sex to go into women’s bathrooms and dressing rooms.

The Family Policy Institute of Washington reported that the company’s stock fell from $84.10 per share on April 19 to roughly $79.36 on Friday, explaining that a loss of $4.74 per share “would represent a corporate loss of over $2.5 billion,” if constant.

Breitbart News also reported on Target’s plunging stock prices, arguing that it shows that the company’s “favorability among shoppers are crashing as the public rebukes the retail giant for ignoring their vigorous protest against mixed-sex changing rooms and bathrooms.”

The controversy arose from Target’s announcement earlier in April to adapt a more “inclusive” policy regarding bathrooms and changing facilities, allowing people to choose which room to use based on their gender identity.

“In our stores, we demonstrate our commitment to an inclusive experience in many ways. Most relevant for the conversations currently underway, we welcome transgender team members and guests to use the restroom or fitting room facility that corresponds with their gender identity,” a statement from Target said at the time.

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Read another article on this topic: 5 Reasons Target’s Trans Bathroom Policy Really Stepped In It