Tuesday, August 10, 2010

Target stock sinks after boycott:

"Shares in the Minneapolis-based discount retailer have declined 3.5 percent since the morning of July 27, when Target Chief Executive Gregg Steinhafel first defended the donation, prompting critics to call for a consumer boycott. Its shares were off 1.5 percent Tuesday, closing at $50.98...Target spokeswoman Jenn Glass said Tuesday that the shifting stock price reflects 'too many factors that we can't attribute it to just one thing.'"

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