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Target’s $13 Billion Stock Plunge Is a Message for Woke Corporations: Kevin O'Leary

Target’s $13 Billion Stock Plunge Is a Message for Woke Corporations: Kevin O'Leary
A worker collects shopping carts in the parking lot of a Target store in Highlands Ranch, Colo., on June 9, 2021. David Zalubowski/AP Photo
Tom Ozimek
Tom Ozimek
Reporter
6/6/2023|Updated: 6/7/2023
0:00

Venture capitalist and “Shark Tank” television personality Kevin O'Leary said that part of Target’s recent multibillion-dollar stock plunge is about investors sending a “Get woke, go broke” message to corporations which chase progressive social and political agendas.

Target’s stock price has taken a beating amid conservative backlash over the company’s decision to sell LGBT-themed items and clothing.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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