Two Lumber Liquidators Insiders Drop Shares

Sep 3, 2014

The chief merchandising officer and an independent director at Lumber Liquidators have dropped shares in the company worth a total of $203,168, according to documents filed with the SEC.

CMO Williams K. Schlegel sold 1,287 shares at a price of $58.05 per share. Douglas T. Moore sold 2,200 shares at a price of $58.39 per share.

Lumber Liquidators stock dropped 21.5 percent in one day, going from $70.42 to $55.14, after it released disappointing second-quarter results in July.

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