We're selling 250 shares of Foot Locker (FL) at roughly $23 each.
Following Friday's trade, Jim Cramer's Charitable Trust will own 750 shares of FL, decreasing its weighting to 0.62% from 0.82%.
Ever since that nightmare quarter, Foot Locker shares have been grinding ever higher.
To protect against the risk of yet another shortfall and giving back this rally, we're trimming our Foot Locker position and taking a loss of about 40% on stock we purchased in March.
Foot Locker, athletic shoe store with shopper.
Persons:
Locker, Jim Cramer's, payrolls, It's, Mary Dillion, Friday's, it's, We'll, Jim Cramer, Jim, Jeff Greenberg
Organizations:
Federal Reserve, CNBC, Universal, Getty