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Keyword: hardwoodfloors

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  • Lumber Liquidators shares are crashing after a damning '60 Minutes' report

    03/02/2015 9:34:30 AM PST · by SeekAndFind · 114 replies
    Business Insider ^ | 03/02/2015 | Myles Udland
    Lumber Liquidators shares are getting smoked after a report aired on "60 Minutes" Sunday night that showed major issues at some of the company's factories in China. Near 11:15 a.m. ET on Monday, shares of the company were down more than 22%. In premarket trade Monday, shares of Lumber Liquidators — North America's largest specialty retailer of hardwood floor — were down as much as 24%. At the opening bell on Monday, shares of the company were halted, news pending. Just after 11:00 a.m. ET, the company released a statement regarding the "60 Minutes" report, saying the newsmagazine used an...