Target Is the Worst S&P 500 Stock After Earnings. Here's Why
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Target's stock has significantly declined after the company missed third-quarter expectations and reduced its full-year outlook. This has made Target the worst-performing stock in the S&P 500 following its earnings report.
November 20, 2024 | 4:00 pm
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Target's stock has dropped sharply due to missing third-quarter expectations and lowering its full-year outlook, making it the worst-performing S&P 500 stock post-earnings.
Target's failure to meet earnings expectations and its decision to cut the full-year outlook are significant negative indicators for investors, leading to a sharp decline in stock price.
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