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Foot Locker Shares Surge Following WSJ Report of Buyout by Dick's Sporting Goods
Shares of Foot Locker surged after The Wall Street Journal reported that Dick's Sporting Goods is nearing a $2.3 billion deal to buy the sneaker retailer. Foot Locker's stock soared 70%, to $21.90, in after-hours trading. Through Wednesday's close, the stock has lost more than 40% of its value in the past year.
Foot Locker reports Q1 sales decline and adjusted net loss amid softer global traffic. Shares surge 81% on $2.4B DICK'S ...
Stephanie Link, Hightower Advisors chief investment strategist on portfolio manager, joins 'Squawk Box' to break down Walmart ...
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