Foot Locker Surges After Dick's Deal, CoreWeave Slips, Steris Stock Up
On this episode of Stock Movers:- Foot Locker (FL) shares surged as much as 85%, the biggest intraday gain on record, after Dick’s Sporting Goods (DKS) agreed to buy the sneaker retailer for $2.4 billion. Citi said positives of the tie up seemed clear, but noted there may be some regulatory hurdles. Meanwhile, Baird viewed the acquisition as a “major endorsement” of Nike’s turnaround.- CoreWeave (CRWV) shares slipped in after hours trading. The company, however, has secured a deal worth as much as $4 billion to provide additional cloud computing capacity to artificial…
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