SAC, Lone Pine Investments In Lumber Liquidators Fly In Face Of TilsonMark Melin
Two significant hedge fund managers have recently taken significant stakes in beleaguered Lumber Liquidators Holdings Inc (NYSE:LL) and now between them they control over 20% of the stock.
SAC Capital, Lone Pine investments
Steven Cohen and SAC Capital have made a significant investment in the retail flooring firm, according to SEC filings reviewed by ValueWalk. Through a variety of related investment vehicles, the SEC’s 13G report shows that SAC, related companies and Cohen directly own 13.2% of the outstanding shares. Meanwhile,
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