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Target, Shake Shack & more

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A cashier places a bag of items in a customer’s shopping cart at a Target Corp. store in Chicago, Illinois, U.S., on Saturday, Nov. 16, 2019.

Daniel Acker | Bloomberg | Getty Images

Check out the companies making headlines in midday trading.

Target — Shares of Target plunged more than 7% after the big box retailer reported disappointing holiday sales. Target said same-store sales during November and December were up just 1.4%, compared with growth of 5.7% a year earlier. The retailer saw weakness in toys and electronics sales. CEO Brian Cornell said the company faced challenges in some key seasonal merchandise categories. However, Target is maintaining its prior outlook for fourth-quarter…



Source cnbc.com

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