Wall Street bails on Target after Amazon’s deal for Whole Foods
A difficult year for Target is getting worse. Wall Street is now more worried about Amazon's threat to Target after the e-commerce giant's $13.7 billion deal to buy Whole Foods Market. Target shares fell 5 percent Friday on the news of the deal. The stock is down 29.5 percent this year after the retailer's disappointing financial results. The S&P 500...