Lumber Liquidators (LL) Seen Benefiting from Upcoming CPSC Ruling

Lumber Liquidators Holdings, Inc. (NYSE: LL) is ticking higher amid a positive SeekinAlpha blog post Tuesday.

The author, EnerSavr, sees LL benefiting from an upcoming CPSC ruling. Key points made in the article include:

• Current ACT of Congress passed in 2010 that defines formaldehyde limits.
• CPSC will most likely adopt the current defined limits in Congress s1660 ACT which (LL) already meets.
• CARB certifies manufacturers for core used for floor laminates , not the retailers. This puts the burden of meeting CARB's regulation on the manufacturer and not the retailer.

Shares of LL are down 4.5 percent in early afternoon trading.

You May Also Be Interested In

• SpaceX Shares Indicated To Open At $155
• UAE To Unlock Billions Of Dollars For Iran, Sources Say - Reuters
• Robinhood users report issues - Downdetector