Target Stock Prices Plummet After 1 Million-Strong Boycott Over Transgender Bathroom Policy

May 2, 2016 by Jill

By Stoyan Zaimov, Christian Post:

Target has seen its stock prices plummet after over 1 million people signed a petition pledging a boycott over its new bathroom policies that allow employees and customers who are men according to their birth sex to go into women’s bathrooms and dressing rooms.

The Family Policy Institute of Washington reported that the company’s stock fell from $84.10 per share on April 19 to roughly $79.36 on Friday, explaining that a loss of $4.74 per share “would represent a corporate loss of over $2.5 billion,” if constant.

Breitbart News also reported on Target’s plunging stock prices, arguing that it shows that the company’s “favorability among shoppers are crashing as the public rebukes the retail giant for ignoring their vigorous protest against mixed-sex changing rooms and bathrooms.”

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