Jim Cramer: Hedge funds got too bullish on Foot Locker
Foot Locker shares tanked 12.1% in premarket trading after quarterly revenue came in below Street forecasts and comparable-store sales unexpectedly declined. The athletic apparel and footwear retailer also reported quarterly profit of $1.55 per share, beating consensus by 20 cents a share. CNBC's Jim Cramer explains what he thinks of the stock.
Fri, Feb 26 20219:52 AM EST