Lumber Liquidator advertising still needs to be fixed
Steve’s breakdown: On March 3, 2015 we reported on a 60 Minutes report that talked about Lumber Liquidator‘s flooring has high levels of formaldehyde, violating California’s health and safety codes, and that kids shouldn’t be playing on them as they do in their commercials. Well, it seems they have not fixed anything regarding the advertising or the stock price. Someone, please, for Pete’s sake, get in their and fix this thing.
Check out the stock chart below. The red arrow is when the 60 Minutes report aired.