With the Nasdaq leading the downward trajectory among major American stock indexes so far in 2022, it might seem crazy to look to it for opportunities to invest. To see whether such bargains might be bubbling up given current market conditions, we asked three investors to pick Nasdaq stocks that look like they're worth stocking up on for 2022 and beyond. Read More...
Motley Fool
Why Foot Locker Stock Crashed Today
Shares of Foot Locker (NYSE: FL) plunged 30% on Friday after the athletic apparel and footwear retailer warned of a sales decline in the coming year. Foot Locker’s sales rose 6.9% year over year to $2.3 billion in its fiscal 2021 fourth quarter, which ended on Jan. 29. “We made significant progress diversifying our brands, categories, and channels in 2021, as well as expanding our customer base across demographics and high-growth geographies,” CEO Richard Johnson said in a press release.
Add Comment