Trending: Target Pinched by Slowing Consumer Spending
November 16 2022 - 10:50AM
Dow Jones News
10:20 ET -- Target Corp. is one of the most talked about
companies in the U.S. across all news items in the last 12 hours,
according to Factiva data. The retailer posted quarterly results
that missed Wall Street's expectations and gave downbeat guidance
for the important holiday season amid a pullback on spending by
consumers. Target shares fall nearly 15%, to $152.45. Dow Jones
& Co. owns Factiva. (colin.kellaher@wsj.com)
(END) Dow Jones Newswires
November 16, 2022 10:35 ET (15:35 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Target (NYSE:TGT)
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