TGT stock price: Why are Target shares dropping today—and who is Michael Fiddelke?

Shares in Target Corporation (NYSE: TGT) are sinking this morning after the company made a few significant announcements. First, the retailer released its Q2 2025 results, which revealed it is still facing substantial sales headwinds. Next, the company said it will soon have a new CEO—its first chief executive change in over a decade. And Wall Street isn’t reacting favorably to either bit of news, based on how TGT shares are reacting in premarket trading as of the time of this...