Lumber Liquidators, Bitauto, and Party City just slumped to 52-week lows, and there are some common themes in their shared malaise.
News & Analysis: Lumber Liquidators
LL earnings call for the period ending December 31, 2018.
Fourth-quarter results were bruised by litigation settlements, and the outlook for the new first quarter is not inspiring.
Lumber Liquidators, Camping World, and Sohu.com have lost half their value in 2018, but they are all primed to make back some of those losses in the next three months.
You should keep your expectations low from the flooring specialist, at least in the near term.
It wasn't a great quarter. But it probably wasn't worth a 21% selloff, especially with a few positives in its results.
The company's top-line managed to beat estimates, but increased legal costs hindered second-quarter earnings.
Is the flooring specialist stock on the road to recovery?
Some of Lumber Liquidators' numbers last month revived the market's fears.
The flooring retailer delivered modest sales growth, but it reported a decline in customers invoiced.