Target stock falls
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After a second quarter of positive growth, Target is executing a turnaround strategy focused on merchandising, guest experience, tech acceleration, and store operations.
Target shares slid as much as 5% after the retailer apologized for and pulled a Halloween costume criticized for evoking Blackface and minstrel shows.
Target on Wednesday posted quarterly earnings that were boosted by tariff refunds and raised its full-year guidance, as the retailer shows more signs its turnaround is taking hold
Target pulled a costume resembling a racist caricature, but community leaders say the apology is insufficient.
The national boycott has been ongoing since Target retreated from its diversity, equity, and inclusion initiatives in early 2025.
Rosenblatt Securities raised HIVE Digital's price target, citing the company's growing push into AI infrastructure after a strong fiscal first quarter.
Target and Lowe's have built dividend streaks over decades, but the balance sheets underneath those payouts tell very different stories.