Foot Locker’s beaten-down stock jumps more than 60% on report of Dick’s acquisition

Shares of Foot Locker Inc. rocketed 65% higher after hours on Wednesday after the Wall Street Journal reported that Dick’s Sporting Goods Inc. was close to a deal to buy the struggling sneaker chain.

May 14, 2025 - 23:38
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Foot Locker’s beaten-down stock jumps more than 60% on report of Dick’s acquisition
Shares of Foot Locker Inc. rocketed 65% higher after hours on Wednesday after the Wall Street Journal reported that Dick’s Sporting Goods Inc. was close to a deal to buy the struggling sneaker chain.