FL shares surged 25% today. A closer look at what's happening:

Shares of Footlocker Inc (FL) are trading 25% higher at a price of $39.83 at the time of this writing. The stock is rapidly outshining peers on a slightly dispirited day for the Consumer Discretionary sector.

We think there are two likely catalysts:

Footlocker Inc has been trading between a 52-week high of $58.91 and a 52-week low of $23.71. The stock has a market cap of $3.76 Billion.

Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, Footaction, and Sidestep. With approximately 3,000 retail stores in 27 countries across North America, Europe, Asia, Australia, and New Zealand, as well as websites and mobile apps, the Company's purpose is to inspire and empower youth culture around the world, by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community.


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

LetItSneed - 5 upvotes - source
Is it me or since prime day, Amazon prime has become dog shit. Half my orders are lost, shit never gets here on time. Just canceled my fucking membership. In FL, also all the prime trucks look like they’ve been involved in a hit-and-run

Zachjsrf - 3 upvotes - source
FL 1dte $29p for earnings tomorrow morning

Blazzck7 - 3 upvotes - source
Can’t see why FL isn’t going to die

Blazzck7 - 2 upvotes - source
FL about to get slayed

Blazzck7 - 2 upvotes - source
Here’s to hoping FL takes a shit

Blazzck7 - 2 upvotes - source
What’s everyone’s opinion on FL? I have puts and hoping it dies but looks like they always beat

Blazzck7 - 2 upvotes - source
FL better DiE tomorrow

Unh0lyCatf1sh - 1 upvotes - source
$FL was obviously the play, why didn't I see it 🤦 Zoomers have built their entire social structure around what trainers they wear

Zachjsrf - 1 upvotes - source
I just yolod FL puts 

panda-slap - 1 upvotes - source
It needs to be made cool like they did with: Levis, Cadillac, South Beach, FL, Brooklyn , NY