Franklin Graham claims Target’s market slump is because of trans people
President Donald Trump with Franklin Graham (Shawn Thew-Pool/Getty)
Homophobic religious leader, Franklin Graham, has said Target’s falling stock price is because of trans people.
The evangelicalist hit out on Facebook saying the company’s policy to allow transgender people to use whatever facilities they want, was the reason the company was now trading at a lower price.
“Target stock is tumbling after they announced a pro-transgender restroom policy allowing men to use women’s bathrooms and changing rooms,” he wrote on Facebook. “Stock value has fallen 20% and shareholder value has lost $10 billion since they began promoting this dangerous policy.”
However, Target CEO, Brian Cornell, hit back at Mr Graham’s accusation that a petition with over one million signatures proved this was the reason, saying a drop in price was down to the weather.
He said: “It is has been a very wet and cold start to the year and it is reflected in our sales.”
Target announced the policy this April and since then has seen scores of homophobes protesting against it.
This month, a woman took her 12 children into the store and said “the devil will rape your children” because of the policy.
Target has defended the policy, by saying: “We believe that everyone—every team member, every guest, and every community—deserves to be protected from discrimination, and treated equally.
“Consistent with this belief, Target supports the Federal Equality Act, which provides protections to LGBT individuals, and opposes action that enables discrimination.”
“Most relevant for the conversations currently underway, we welcome transgender team members and guests to use the restroom or fitting room facility that corresponds with their gender identity.”
Mr Graham is not the only member of his family to attack LGBT people. Last week, it was reported that his sister, Anne Graham, claimed 9/11 happened because of LGBT “sin”.
