Here's Why Foot Locker Stock Popped This Morning

Shares of Foot Locker (NYSE: FL) were sharply up on Tuesday morning because it appears sporting-goods retail trends are improving. Hibbett Sports (NASDAQ: HIBB) just gave an encouraging quarterly sales update, confirming the trend. And because of this, Deutsche Bank thinks Foot Locker stock is one to buy.

As of 11:15 a.m. EDT, Foot Locker stock was up 8%. But it was trading 10% higher earlier in the session.

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Source Fool.com