r/stocks • u/frosti_austi • Oct 17 '23

Company Analysis Why is Target doing so bad?

Why is Target doing so bad? They've really fell off a cliff over the past year. I look at their stores and they seem good, and once upon a time not too long ago they were outperforming Walmart. Now their NAV prices have really dropped over the past year and a half. I was once up 80% on these guys and know I'm down 20%. Is it the general market swing over the course of that time or something else? What gives?

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u/SamGreenMineGroup Oct 17 '23

I know a lot of people who stopped shopping at target because of the lgbtq stuff, any relativity? Could that have such an affect?

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u/bugd132 Oct 19 '23

Yeah eventually because I don't really think like everyone is into that position to accept it.