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Target market cap losses swell to $15 billion as shares drop again amid woke backlash

Target shareholders took a beating again on Friday, with the big-box retailer’s stock falling 3.26%.

The backlash from the Pride controversy coincides with the stock losing over $15 billion in market value since mid-May.

Shares plummeted to $126.99 when the market closed after eclipsing $161 just last month after a third Wall Street firm downgraded the shares on concerns over slowing sales.

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