JD Sports rises to 4.5 month high on Footlocker deal report
15/05/2025 09:17
May 15 - ** Shares of sports retailer JD Sports JD.L up 3.5% at 93.18p, among top gainers on London's FTSE 100 .FTSE ** London-listed co extends gains for 10 straight sessions ** Shares highest since 31 December ** Traders say shares are up on reports of Dick's Sporting Goods DKS.N nearing a deal to buy rival Footlocker FL.N ** 9 of the 18 analysts covering the stock have a "buy" or higher rating and 9 have "hold" ; median PT is 95p - LSEG data ** Up to Wednesday's close, stock had fallen 6.53% so far this year (Simone Lobo) ((Simone.Lobo@thomsonreuters.com, +919920570373))
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