Shares in Donald Trump's social media company have been on a wild ride after the former president was convicted on all counts in his hush money trial.
"Absolutely bogus": The Cowboy State's Republican leaders denounce Trump's criminal convictions
On Thursday, Foot Locker (NYSE: FL) showed its turnaround plan is working as it posted better-than-expected comparable sales, with shares surging 15% upon the release of its May quarter report. Although the footwear retailer is still in the black, its financials are declining at a slower rate. Fiscal First Quarter Highlights For the quarter ended on May 4th, revenue contracted about 3% YoY to $1.88 billion, in line with LSEG’s estimate. Net income plunged 78% to $8 million, or 9 cents per share.