Foot Locker Soars; Boeing and Cisco to the Upside; UNH Investigation
On this episode of Stock Movers:- Footlocker (FL) rose over 80% this morning after Dick's Sporting Goods reached a $2.4 billion deal to acquire Foot Locker, with Dick's paying $24 a share for Foot Locker, an 86.5% premium on Foot Locker's closing share price. The acquisition combines two retailers affected by President Trump's tariff wars, with Dick's expecting to operate Foot Locker as a standalone business unit and maintain the Foot Locker brand. Dick's Sporting Goods sank on the news.- Boeing (BA) shares are up in premarket trading after landing its biggest-ever aircraft order, with Qatar…
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