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Why Foot Locker Stock Was Soaring This Week


Foot Locker (NYSE: FL) stock was a surprising winner this week. The sneaker and athletic apparel retailer was seen as a beneficiary of a shift in 's (NYSE: NKE) strategy as the footwear giant indicated in its earnings report last week.

Foot Locker also gained on an analyst upgrade to start the week and the perception that the stock could be undervalued after it plunged on its earnings report earlier in the month. Foot Locker finished the week up 16.9%, according to data from S&P Global Market Intelligence.

Image source: Getty Images.

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Source Fool.com

Nike Inc. B Stock

€86.00
-0.530%
The price for the Nike Inc. B stock decreased slightly today. Compared to yesterday there is a change of -€0.460 (-0.530%).
With 47 Buy predictions and 3 Sell predictions Nike Inc. B is one of the favorites of our community.
As a result the target price of 115 € shows a positive potential of 33.72% compared to the current price of 86.0 € for Nike Inc. B.
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