Target’s Stock CRATERED 49%! Why Is This CEO Getting a Promotion?! Watch NOW!
Target's stock plummeted a staggering 49% over the past five years, while rivals like Walmart and Costco saw gains exceeding 100% in the same period. This catastrophic underperformance is largely attributed to CEO Brian Cornell, who presided over a truly ruinous period for the retailer since taking the helm in 2014. In a baffling move, Target's board is not only allowing Cornell to step down as CEO in 2026 but is rewarding his tenure by appointing him executive board chair, with his current COO, Michael Fiddelke, taking over as CEO. This decision has drawn widespread criticism as an absurd reward for failure, leaving investors and analysts deeply skeptical about any meaningful turnaround for the struggling company. To understand how crucial executive decisions impact your investments and to keep informed on major corporate shifts, make sure to subscribe to our channel today!
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