Lowes' stock is down 2.5% in the pre-open (after notable weakness yesterday) despite the broad market's bounce, following reports that the home improvment retailer sold the same 'toxic' flooring as Lumber Liquidators:
- *LUMBER LIQUIDATORS SHORT SELLER SAYS LOWE’S SOLD TOXIC FLOORING
- *ZHOU SAYS LOWE'S SOLD SIMILAR QUESTIONABLE FLOORING FROM CHINA
Zhou intends to present the report proving this later today and for now Lowes has said its flooring is safe and compliant with regulations.
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