Lumber Liquidators Holdings (LL) announced Thursday morning that Robert M. Lynch has unexpectedly resigned as CEO and President of the company. Thomas D. Sullivan will serve as interim CEO as the company searches for a replacement.
Lumber Liquidators has gapped open sharply lower this morning and is now down 4.03 at $21.24 on above average volume. The stock has plunged to a new low for the year.
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