Shares of Finish Line Inc. FINL, +5.53% surged 6.0% in premarket trade Wednesday, after the athletic shoe and apparel retailer was upgraded at Susquehanna Financial, which said it believes a buyout is likely.
INDIANAPOLIS--(BUSINESS WIRE)--Athletic retailer The Finish Line, Inc. (Nasdaq: FINL) announced today that its Board of Directors appointed Faisal Masud as a director of the Company effective September 19, 2017.
Does the September share price for Finish Line (NASDAQ:FINL) reflect its intrinsic value? I am going to calculate it now by estimating the Future Cash Flows and discounting them to their present value.
Traders were initially spooked by renewed missile threats from North Korea, sending stocks into the red at the open. As the day wore on though, investors decided the threat wasn't really a reason to steer clear of stocks.