Target was hit with a class action suit claiming the retailer duped investors about the company's DEI policies and tricked them into buying stock at an artificially inflated price.

This means Target will probably "miss earnings" when its official report comes out in March. And this, in a nutshell, is why investors are selling Target stock. Target's guidance update came in ...

On January 24, Target ended its DEI program, as well as a separate initiative to support Black-owned businesses that it had ...