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

0
40

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.

This article was originally published by Marketwatch.com. Read the original article here.

Previous article: Dow rallies more than 700 points, on pace for its biggest gain since November
Next article: West Coast dockworkers accused of disrupting port operations, raising fears of shipping backups

LEAVE A REPLY

Please enter your comment!
Please enter your name here