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Barchart
Will Ashworth

Don't Look Now but Foot Locker's at a 12-Year Low

Foot Locker Mary Dillon NIke

Foot Locker (FL) CEO Mary Dillon must be second-guessing her decision to take the top job at the sneaker retailer last August. Since joining the company, the sneaker retailer’s shares have lost more than half their value. 

On Wednesday, FL stock got taken to the woodshed, losing 28% of its value in one terrible day of trading. Approximately 45.4 million Foot Locker shares were traded on Wednesday, 9x the 30-day average. With about two hours in on Thursday, it’s almost 2x the average. 

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