Target shares drop 5% after Halloween costume backlash — Live Feedhttps://www.live-feeds.com/feed/target-shares-drop-5-after-halloween-costume-backlashContinuously updated, source-cited coverage. Target shares drop 5% after pulling 'offensive' Halloween costumehttps://www.live-feeds.com/feed/target-shares-drop-5-after-halloween-costume-backlashhttps://www.live-feeds.com/feed/target-shares-drop-5-after-halloween-costume-backlash#u49821Thu, 27 Aug 2026 09:01:00 +0000Target Corporation's shares fell up to 5% after the company pulled a Halloween costume criticized for evoking racist stereotypes of Black people. The costume was accused of resembling Blackface, a historically racist practice. Target apologized and removed the product from sale. The incident has renewed concerns about brand missteps as the company was beginning to show signs of a financial turnaround.Why it mattersThis incident highlights the challenges companies face in navigating cultural sensitivities and avoiding controversies. Target has previously faced backlash over various issues,