See the (D) Chart provided for the timeline of their decline
Shareholders said Target's underperformance stood "in stark contrast" to results at rival Walmart (WMT.N), opens new tab, and reflected "continued backlash from its campaigns."
The lawsuit in the Fort Myers, Florida federal court seeks damages for Target shareholders from Aug. 26, 2022 to Nov. 19, 2024.
It was filed after Target said on Jan. 24 it would end DEI initiatives this year, including a program to support Black-owned businesses that it adopted following the 2020 murder of George Floyd by a Minneapolis police officer.
Target joined Walmart, Amazon.com (AMZN.O), opens new tab and some other prominent companies to scale back such initiatives, which have been attacked by many conservatives including U.S. President Donald Trump.
The case is City of Riviera Beach Police Pension Fund v Target Corp et al, U.S. District Court, Middle District of Florida, No. 25-00085.
Shareholders said Target's underperformance stood "in stark contrast" to results at rival Walmart (WMT.N), opens new tab, and reflected "continued backlash from its campaigns."
The lawsuit in the Fort Myers, Florida federal court seeks damages for Target shareholders from Aug. 26, 2022 to Nov. 19, 2024.
It was filed after Target said on Jan. 24 it would end DEI initiatives this year, including a program to support Black-owned businesses that it adopted following the 2020 murder of George Floyd by a Minneapolis police officer.
Target joined Walmart, Amazon.com (AMZN.O), opens new tab and some other prominent companies to scale back such initiatives, which have been attacked by many conservatives including U.S. President Donald Trump.
The case is City of Riviera Beach Police Pension Fund v Target Corp et al, U.S. District Court, Middle District of Florida, No. 25-00085.
CrosbyVIII
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
CrosbyVIII
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.