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'Bud-Light Effect': Target Stock Sinks Nearly 10 Percent amid Pride Backlash

Newsmax : May 25, 2023

"BREAKING: Target is holding an 'emergency' meeting over its woke LGBTQ merchandise and tuck friendly bathing suits in the kids section, trying to avoid a 'Bud Light Situation...'" -Charlie Kirk

[] Target is partaking in campaigns to capitalize on LGBTQ messaging and merchandise and critics are lashing out on social media with calls for boycotts, leading to fears of a Bud Light-like public relations hit. (Screengrab image)

The retailer's stock price is down 10.24% in the past month and almost 10% since its March 17 top, just hours before CEO Brian Cornell hailed DEI (diversity, equity, and inclusion) as having been a boon to business.

The controversy is boiling over just days before June's Pride Month for the LGBTQIA+ community, but Target's pride page calls for customers to "celebrate, all year long"... Subscribe for free to Breaking Christian News here

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