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Target Stock Falls After Retailer Recalls Racist Halloween Costume

Target shares dropped approximately 5 percent after the company apologized for and recalled a Halloween costume that customers condemned as racist and reminiscent of blackface. The product controversy quickly sparked organized boycotts and renewed scrutiny over the retailer's seasonal merchandise vetting.

26 Aug, 12:38 — 26 Aug, 12:38
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Showing 1 of 3 sources
fortune2h ago

Target’s minstrel-costume apology erased days of stock gains

Shares hit a 52-week high of $169.89 on Aug. 24. They fell 3.78% the next day, after Target pulled a costume critics called racist.

By Nancy Jiang, The Associated Press

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Coverage Timeline

First report: seeking-alpha · 26 Aug, 07:35Full coverage: 3 · 6hWindow: 6h
Left-leaningCenterRight-leaning
seeking-alpha26 Aug, 07:35First to report

Target stock drops 5% after controversial Halloween costume recall sparks boycott calls

5h later
fortune26 Aug, 12:38

Target’s minstrel-costume apology erased days of stock gains

1h later
Yahoo26 Aug, 13:42Latest update

Target stock drops 5% after blackface costume pulled

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