Target shares higher Friday after snapping nine-session losing streak Thursday


Target Corp.’s stock is up 0.1% Friday after snapping its longest losing streak in 23 years amid an anti-LGBTQ+ backlash against the retail giant.

The stock ended Thursday’s session up 0.2% to snap the losing streak. Target TGT, +1.57% shares had ended Wednesday’s session down 2.2%, marking their ninth consecutive decline, and the stock’s longest losing streak since an 11-day stretch that ended Feb. 24, 2000, according to Dow Jones data. Wednesday also marked the stock’s lowest close since Aug. 11, 2020.

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