Certain types of laminate flooring made by Lumber Liquidators (LL) have a greater risk of causing cancer or other health problems than previously believed, U.S. health regulators said Monday.
The Centers for Disease Control and Prevention said Monday that people who purchased the China-made flooring are about three times more likely to get cancer than it had calculated earlier this month — a revelation that rattled investors, who sent Lumber Liquidators stock down 19.8% to close at $11.40.