On July 17, 2015, Macy's stock hit an all-time high of $72.31 a share.
The it dropped Trump, but kept Planned Parenthood.
Macy's was quick to sever all ties with Donald Trump after the Republican presidential candidate expressed controversial views on immigration during his campaign announcement, but critics of the company's move are pointing out that the mega-retailer has been silent on another hotly contested political issue – fetal tissue specimens.
Planned Parenthood has been under fire recently due to undercover videos released by The Center for Medical Progress that show two members of the organization’s executive management team allegedly negotiating prices for fetal body parts and tissue donations. A third, heavily edited, video that shows a Planned Parenthood official talking about pre-organ pricing was released on Tuesday. Reps for The Center for Medical Progress, an anti-abortion organization that filmed the undercover videos, have said they plan on releasing ten to twelve similar videos that illustrate their contention that Planned Parenthood is making a profit from the illegal sale of fetal body parts and tissue.By summer's end, the stocks was worth $52.19 a share.
By Christmas Eve 2015, Macy's stock was down to $34.87.
Ho ho ho.
The stock climbed back up to $44.14 this Thanksgiving.
It may go higher.
From Life Site News this hour:
After today, pro-life customers can resume shopping at Macy’s — which had been on a list of corporate contributors to the Planned Parenthood abortion company for some time. But today representatives of a pro-life group that tracks corporate donations to the Planned Parenthood abortion organization says Macy’s has ended his relationship with it.
“In the spirit of thankfulness and celebration that comes this time of year, we have a special update to share with you,” Lance Wray of the pro-life group 2nd Vote told LifeNews.com in an email.
“You may remember how four companies (AT&T, Coca-Cola, Ford, and Xerox) publicly distanced themselves from Planned Parenthood last year after our research exposed forty-one companies with direct financial ties to the abortion giant,” he elaborated. “Well, we are happy to report that we can take another company off that list—Macy’s, who confirmed with 2ndVote last week that they no longer give nor match donations to Planned Parenthood.”
“We wanted to share this great news with you because the credit is due to our 2ndVote members who have engaged Macy’s and other companies for their position on the Life issue. This victory wouldn’t have been possible without your involvement,” Wray said.
This latest development comes in the wake of undercover videos that showed Planned Parenthood executives talking about the sale of fetal body parts. Planned Parenthood is facing both federal and state investigations—and the possibility of losing taxpayer funding.Less social justice warring should mean more business.
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