Foot Locker’s beaten-down stock jumps more than 60% on report of Dick’s acquisition - MarketWatch
1. Foot Locker's stock surged 65% after acquisition news from Dick’s Sporting Goods. 2. A potential sale price of $24 per share for Foot Locker is rumored. 3. Foot Locker shares have dropped 41.9% over the past year. 4. Recent tariff negotiations may aid sneaker demand amid economic uncertainty. 5. Competition with Nike, Adidas, and On Holding persists in the footwear industry.