In after-hours trading, shares of Foot Locker (FL) are up 62% to $20.80. Dicks Sporting Goods (DKS) shares are down 7% to $194.99 on the news.
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- Dick’s Sporting near deal to buy Foot Locker for $24/share or $2.3B, WSJ says
- Dick’s Sporting near deal to acquire Foot Locker for $2.3B, WSJ says
- Unusually active option classes on open May 14th
- Foot Locker price target lowered to $14 from $24 at Barclays
- Foot Locker call volume above normal and directionally bullish