Foot Locker – Shares of the sports apparel retailer soared 63%. The Wall Street Journal reported, citing sources familiar with the matter, that Dick’s Sporting Goods is closing in on a deal to buy the company for roughly $2.3 billion or about $24 per share. Shares of Dick’s Sporting Goods slid about 4%. Cisco Systems – Shares of the networking tech company jumped 2% after fiscal third-quarter results topped estimates. Cisco posted adjusted earnings of 96 cents per share on revenue of $14.15 billion, while analysts polled by LSEG sought 92 cents per share on revenue of $14.08 billion. Cisco’s finance chief Scott Herren will also be leaving the company in July. CoreWeave – The artificial intelligence infrastructure company saw shares fall 6%. CoreWeave posted a loss of $1.49 per share, but beat the Street’s estimates on first-quarter revenue . Revenue surged 420% in the quarter on a year-over-year basis. It’s CoreWeave’s first quarterly report since it debuted on the public markets. Boot Barn – The retailer of cowboy boots and Western-themed apparel surged 16%. Boot Barn is calling for fiscal first-quarter earnings of $1.44 to $1.52 per share on revenue of $483 million to $491 million. The upper band of those ranges exceeded FactSet consensus estimates of $1.44 per share and $486.5 million, respectively. Anticipated same-store sales for the period also beat expectations. DXC Technology – Shares of the IT services company tumbled nearly 13%. Guidance for the fiscal first quarter fell short of expectations, with adjusted earnings expected to land between 55 cents to 65 cents a share, while FactSet consensus estimates sought 79 cents per share. The company also said it was extending its CEO and CFO employment agreements, with the board approving special equity grants for both officers.
