|Bid||27.16 x 100|
|Ask||27.18 x 800|
|Day's Range||26.86 - 27.49|
|52 Week Range||26.32 - 62.88|
|PE Ratio (TTM)||10.52|
|Dividend & Yield||0.68 (2.45%)|
|1y Target Est||N/A|
No one expected much from Foot Locker’s (FL) latest earnings report, certainly not profit growth. In that respect, the financial results delivered earlier today did not disappoint. Shares of the athletic shoe and apparel retailer plunged 21% before the opening bell, after second quarter profit and sales missed already weak forecasts.
Another bearish gap indicates an extended period of selling in the shares likely isn't over.
Is this going to be an exhaustion gap?