Foot Locker Inc is a leading global retailer specializing in athletic footwear and apparel. The company operates a wide range of stores, including its flagship Foot Locker brand, as well as Champs Sports, Eastbay, and Footaction, catering to diverse customer preferences. Foot Locker offers an extensive selection of products from top athletic brands, and its stores are designed to create an engaging shopping experience for sports enthusiasts and casual shoppers alike. With a strong emphasis on community involvement and promoting an active lifestyle, Foot Locker also maintains a robust online presence, providing customers with convenient access to the latest trends in sports fashion. Read More
Top mid-cap stock performers last week: Foot Locker, Inc. (FL), Archer Aviation Inc. (ACHR), DigitalBridge Group, Inc. (DBRG), NuScale Power Corporation (SMR), Diginex Limited (DGNX), ImmunityBio, Inc. (IBRX), Oklo Inc. (OKLO), Intuitive Machines, Inc. (LUNR).
NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
U.S. stocks traded mixed Thursday, with major indices posting timid midday gains as investors digested fresh economic data revealing signs of consumer strain and disinflationary pressure stemming from April's tariff escalation.
Shares of footwear and apparel retailer Foot Locker (NYSE:FL)
jumped 85.2% in the morning session after the company agreed to be acquired by DICK'S for an equity value of approximately $2.4 billion (enterprise value of $2.5 billion). The offer of $24 per share in cash or 0.1168 shares of DICK'S stock represented a substantial 66% premium over Foot Locker's average trading price for the previous 60 days.
Peraso Inc. (NASDAQ: PRSO), a leader in mmWave wireless technology, announced it has shipped over 2 million mmWave devices, marking a key milestone that underscores its growing role in next-gen connectivity markets.
Let's delve into the US markets on Thursday and uncover the stocks that are experiencing notable gaps in today's session. Below, you'll find the gap up and gap down stocks.
Foot Locker, Inc. (FL) shares soar on news of acquisition by Dick's Sporting Goods (DKS). Deal values FL at $2.4B and offers $24/share or 0.1168 DKS stock per FL share. DKS expects growth and cost synergies, sees Q1 sales growth and earnings beat, while FL projects Q1 loss.
