Foot Locker stock popped 20% on Wednesday: explained here

Foot Locker Inc (NYSE: FL) popped 20% this morning after reporting a surprise beat on both top and bottom lines in its third financial quarter. Foot Locker stock up despite lowered earnings outlook The sportswear retailer now forecasts sales to drop by up to 8.5% this year versus up to a 9.0% decline it had […]