Within a month after the misguided policy, the company's market cap had already declined by $9 billion compared to where it should have been had Target kept its pre-April 19 correlation with its primary competitors, Walmart (WMT) and Costco (COST). By late May, the market cap hit reached $10.5 billion.

Topics:  walmart wmt    costco cost    june   target   net   billion   declined   market   cap   year   earnings   sales   

 

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