Lumber Liquidators Climbs To $15 And Retreats

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Lumber Liquidators
LL
shares are trading higher by $1.62 at $14.44 in Tuesday's session. The catalyst for the rally is the confirmation in its 8-K of a victory in its Proposition 65 suit. The issue, which had been higher since the opening bell on rumblings of the upcoming announcement spiked to $15, when the report was confirmed around 10:30 AM. Since Februaru 17, the issue has made three other attempts to clear the $15 hurdle, but was turned back on February 18 at $14.89 and $14.80 on March 23. t has not closed above that level since Jnaury 6, when it ended the session at $15.15.
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