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Shares of the Toano, Va.–based Lumber Liquidators LL, -25.13% closed down 25%, and were halted through the morning ahead of a news release.
NEW YORK (MarketWatch)—Shares of Lumber Liquidators Holdings Inc. fell sharply Monday, after a “60 Minutes” report alleged the U.S. retailer of hardwood flooring has installed Chinese-made laminate flooring in many American homes that contains far higher-than-accepted levels of formaldehyde, a chemical known to cause cancer.
L Liquidators also owns Cabinets to Go, a kitchen cabinet retailer.
Just something to think about if ya got any...
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