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Lumber Liquidators call

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asked 5 days ago by RobbyPhan838 (120 points)
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Shares of Lumber Liquidators, America's largest specialty hardwood retailer, jumped on Thursday after the company hosted a call to address concerns about its Chinese-manufactured laminate flooring.

The company didn't take any questions
on this call. It said folks could submit questions afterward that would be addressed on another call. 

Lumber Liquidators' stock was last trading up about 14% after being halted earlier. 


Shares of san go cong nghiep Lumber Liquidators had collapsed about 36% since a damning "60 Minutes" report aired.




On March 1, a "60 Minutes" investigation found that Lumber Liquidators appeared to be selling laminate flooring from China with levels of formaldehyde higher than what is permitted under California law. High levels of formaldehyde have been tied to numerous health concerns.

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