Lumber Liquidators Follow-Through Rally Fails Miserably

Lumber Liquidators Holdings Inc LL shares are trading lower by $0.68 at $13.26 in Wednesday's session. The follow-through rally from Tuesday's action off a settlement with CARB regarding its flooring products has failed to materialize.

After a higher open, it sprinted to $14.80 before sharply reversing course. That is just shy of its February 29 high ($14.89). The ensuing decline has erased all of Tuesday's gains and is continuing to make new lows for the session with the current one standing at $13.02.