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Lumber Liquidators Holdings Inc (LL)’s Stock Trashed after Disappointing Q2 Report

What does the smart money think about Lumber Liquidators Holdings Inc (NYSE:LL)?

Based on our data, Point72 Asset Management, led by Steve Cohen, held the biggest stake in Lumber Liquidators Holdings Inc (NYSE:LL) by the end of the first quarter, owning 2.11 million shares, while Phill Gross and Robert Atchinson’s Adage Capital Management initiated a stake of 715,900 shares during the first three months of the year. On the other hand, Sharlyn C. Heslam’s Stockbridge Partners dropped the largest stake among hedge funds tracked by Insider Monkey, selling almost 2 million shares and Mariko Gordon’s fund, Daruma Asset Management sold 1.22 million shares.

With no end yet in sight for its troubles, as well as getting a bearish outlook from hedge funds, Insider Monkey does not recommend a long position in Lumber Liquidators Holdings Inc (NYSE:LL).

Disclosure: None

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