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Why Lumber Liquidators Stock Went Higher on Thursday

TheMotleyFool

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Why Lumber Liquidators Stock Went Higher on Thursday

Shares of Lumber Liquidators (NYSE: LL) traded sharply higher on Thursday, after the company reported upbeat earnings for the first quarter of 2020. As of 11:20 a.m. EDT, the stock was trading 19% higher.

Today's move from Lumber Liquidators continues a trend for 2020. Shares are now up 16% for the year and have more than doubled from March lows.