Part 5/10:
This legal action reflects a broader trend among major corporations reevaluating their DEI commitments. Companies such as McDonald's, John Deere, and Harley-Davidson have similarly begun to retreat from aggressive diversity strategies, questioning their effectiveness and implications for shareholder value. Targets’ stock reportedly fell 22%, wiping out approximately $15.7 billion in market value as a result of the backlash, elucidating the severity of the situation.