3 Rays of Light as Target's Stock Suffers
Consumer behaviors continue to shift in the wake of tremendous global changes post-lockdowns, including greater digital engagement, inflation, and supply-chain challenges. It's enough to roil the markets, which is what's been happening as a result.
The current market sell-off has a different feel from the March 2020 version, which was sudden, dramatic, and quick. In the wake of those few awful weeks, investors sensed rising opportunities and piled in money accordingly. That led to astronomical valuations as pandemic-friendly companies posted soaring growth.
But the party didn't last, and only two years later, there's a lot of uncertainty about how this is all going to play out.
Source Fool.com
