Target's 20% Shares Plunge Weighs on Retail ETFs - Yahoo Finance

5 days ago  · Shares of Target plunged by more than 20% on Wednesday after the retail giant announced weaker-than-expected sales and profits for the third quarter. Target said that …


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Target's 20% Shares Plunge Weighs On Retail ETFs - Yahoo Finance

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5 days ago  · Shares of Target plunged by more than 20% on Wednesday after the retail giant announced weaker-than-expected sales and profits for the third quarter. Target said that …

yahoo.com

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Target's 20% Shares Plunge Weighs On Retail ETFs - ETF.com

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5 days ago  · Shares of Target plunged by more than 20% on Wednesday after the retail giant announced weaker-than-expected sales and profits for the third quarter. The drop in the stock …

etf.com

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Target Shares Plummet 20% After Q3 Earnings Miss Expectations

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5 days ago  · In This Article: Target Corp's (TGT, Financial) shares nosedived 20% on Wednesday after the company's third-quarter earnings failed to meet market expectations. This is expected …

yahoo.com

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Target Shares Plunge 21% After Discounter Cuts Forecast, Posts …

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5 days ago  · 2024. Q3. 0.3%. Source: Company reports, FactSet. Target's fiscal third-quarter net income tumbled about 12% to $854 million, or $1.85 per share, from $971 million, or $2.10 per …

cnbc.com

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Target Shares Slide 21% As Retailer Expects Stagnant Holiday …

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5 days ago  · Target shares see worst day since May 2022, close 21% down. Nov 20 (Reuters) - Target (TGT.N) forecast holiday-quarter comparable sales and profit below estimates on …

reuters.com

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Target Shares Slid After Big Earnings Miss | Fox Business

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5 days ago  · Target's adjusted earnings per share for the third quarter was $1.85, down 20% from Wall Street's estimate of $2.30. Its revenue notched $25.67 billion, missing analyst …

foxbusiness.com

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Target Issues Weak Forecast As Shoppers Pull Back; Shares Tumble

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May 22, 2024  · Target had a 1.8% share of U.S. retail sales in 2023, according to calculations by Kantar, a data and analytics firm. That was down from 2.1% in 2020, Kantar said.

yahoo.com

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Target Plunge: 5 ETFs Holding The Retailer As Its Shares Slide On ...

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5 days ago  · Shares of Target fell 21% and touched a 52-week low after Q3 earnings of $1.85 a share missed Wall Street’s estimate, and as the company guided below expectations. The …

seekingalpha.com

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Target Shares Tank As Inflation-wracked Shoppers Flee For Deals

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5 days ago  · Target shares tank over 20% as inflation-wracked shoppers flee to rivals for deals. By. Taylor Herzlich. Published Nov. 20, 2024. Updated Nov. 20, 2024, 4:28 p.m. ET. 23 …

nypost.com

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Is Target Stock Worth A Look After A 20% Post-Earnings Selloff?

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3 days ago  · Shares of big box retailer Target (TGT) plummeted more than 20% after the company released its third-quarter earnings results that disappointed investors. While the past …

nasdaq.com

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Target Shares Plunge, Drags Down Consumer Sector ETFs

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The VanEck Vectors Retail ETF (RTH) was down 7.5% on Wednesday while the broader Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) fell 6.9%. ... Personal Finance …

nasdaq.com

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Target Stock Plunges: Should You Buy The Dip Or Run For Cover?

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2 days ago  · Higher wages and benefits led to an increase in selling, general, and administrative expenses from 20.9% to 21.4%; as a result, operating margin fell from 5.2% to 4.6%.

fool.com

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Will Target Warnings Spell Trouble For Retail ETFs? - Yahoo Finance

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Jun 8, 2022  · VanEck Vectors Retail ETF is highly concentrated on the top two firms with double-digit exposure each, while the other firms hold no more than 7.6% share. VanEck Vectors …

yahoo.com

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State Street Debuts Active Target Maturity Bond ETFs

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Finance Reporter | Sep 24, 2024 ... State Street Global Advisors introduced 14 new actively managed target maturity bond ETFs today. ... Target's 20% Shares Plunge Weighs on Retail …

etf.com

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SPDR S&P Retail ETF (XRT) Price & News - Google Finance

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Finance. Finance. finance_mode. Home. manage_search. ... Yahoo Finance. 3 days ago. Target's 20% Shares Plunge Weighs on Retail ETFs. ETF. An exchange-traded fund (ETF) is …

google.com

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Bitcoin Retreats From Sprint To $100K As Institutional ... - Yahoo

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5 hours ago  · Several great dividend stocks currently cost less than $175 per share, including EastGroup Properties (NYSE: EGP), Mid-America Apartment Communities (NYSE: MAA), and …

yahoo.com

FAQs about Target's 20% Shares Plunge Weighs on Retail ETFs - Yahoo Finance Coupon?

Why did target stock drop 20% on Wednesday?

Shares of Target plunged by more than 20% on Wednesday after the retail giant announced weaker-than-expected sales and profits for the third quarter. The drop in the stock weighed on retail ETFs, like the SPDR S&P Retail ETF (XRT) and the VanEck Retail ETF (RTH), each of which was down by around 1.5% on Wednesday. ...

Why did target stock tumble 20%?

REUTERS/Vincent Alban/File Photo Purchase Licensing Rights Nov 20 (Reuters) - Target (TGT.N) forecast holiday-quarter comparable sales and profit below estimates on Wednesday as value-conscious consumers shopped for low-priced essentials at rival retailers including Walmart, sending its shares tumbling nearly 20%. ...

Why did target stock plunge in early trading Wednesday?

(Bloomberg) -- Target Corp. shares plunged in early trading Wednesday after the retailer trimmed its full-year earnings outlook, warning that a flat sales quarter and a buildup in inventory hurt profitability. Most Read from Bloomberg NY Congestion Pricing Survived a Pause. Here’s What Could Kill It ...

Why did alpha target stock plunge Wednesday?

Market Data Sources © 2024 Seeking Alpha Target shares plunge Wednesday as profit worries emerge during the holiday-shopping season. ...

Why did target stock fall on Wednesday?

Since the pandemic began to wind down, the retailer has struggled with inflation, weak consumer discretionary spending, and an increase in theft. However, Target's shares plunged on Wednesday after its latest update indicated that the recovery trend didn't last, and the company is still struggling on both sides of the income statement. ...

Which exchange-traded funds have the largest target (TGT) allocations?

Five exchange-traded funds with the largest Target (TGT) allocations moved lower on Wednesday. Here are those ETFs, with the list excluding leveraged funds (some data retrieved from ETF.com). Consumer Staples Select Sector SPDR ETF (NYSEARCA:XLP) - TGT weight: 4.18% VanEck Retail ETF (NASDAQ:RTH) - TGT weight: 4.04% ...

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