Target's earnings miss isn't about the U.S. port strike. Here's what happened

Sănătate

In This Story TGT -0.82% CMCSA +1.34% JEF +3.01% WMT +1.21% When Target’s ( TGT -0.82% ) earnings fell drastically short of expectations on Wednesday, executives pointed to the U.S. port strike as a key factor. However, the retailer’s troubles – which pushed its stock down 21% to a one-year low – go much deeper than shipping costs and an inventory glut. Suggested Reading AI can do the work of countless stock market analysts and more, exec says Alphabet stock falls over 5% as Feds push for

din zilele anterioare