Shares of Foot Locker Inc. rocketed 69.3% higher after hours on Wednesday after the Wall Street Journal reported that Dick's Sporting Goods Inc. was close to a deal to buy the struggling sneaker chain ...

Shares of Foot Locker Inc. rocketed 65% higher after hours on Wednesday after the Wall Street Journal reported that Dick's Sporting Goods Inc. was close to a deal to buy the struggling sneaker chain.

Dick’s Sporting Goods Inc. is in advanced talks to buy Foot Locker Inc., whose stock had dropped 41% this year amid the ...