Why Foot Locker Stock Raced Higher Today
Foot Locker(FL) The Motley Fool·2024-05-30 23:54
Is this stock still a good value or is it just cheap?Shares of shoe retailer Foot Locker (FL 22.29%) raced higher on Thursday after the company reported financial results for the first quarter of 2024. And while results weren't necessarily impressive, they weren't as bad as some reports in recent quarters. That's really all this stock needs right now and it's why Foot Locker stock was up a whopping 24% as of 11:10 a.m. ET.Jumping over a really low barAllow me to set the stage: Investors have really low expe ...