Target Stock Falls About 9% After CEO Replaced By Company Veteran

August 20, 2025

Catenaa, Wednesday, August 20, 2025- Target stock fell by about 9% on Wednesday as the struggling retailer replaced its CEO with a company veteran even as its business showed signs of improvement in the second quarter. Target announced that long-time employee Michael Fiddelke would be taking over for Brian Cornell on February 01, 2026. Cornell, […]