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0 0.0010752688172042 0.00130568356374798 0.000768049155145886 0.00322580645161281 0.000153609831029046 -0.00168970814132104 -0.00960061443932412
Stock impact report

Leslie's, Dick's, Floor And Decor, RH, and Victoria's Secret Shares Skyrocket, What You Need To Know [Yahoo! Finance]

Floor & Decor Holdings, Inc. (FND) 
NASDAQ:AMEX Investor Relations: dictionary.com/browse/floor
Company Research Source: Yahoo! Finance
The decision kept the current 25% tariff rate in place, averting a scheduled increase to as high as 50% for items like kitchen cabinets and bathroom vanities that was set to take effect on New Year's Day. This move provided significant relief for retailers, as higher tariffs typically lead to increased costs. Companies would have faced the difficult choice of absorbing the extra expense, which hurts profitability, or passing it on to customers through higher prices, which could reduce sales. The news was met with investor optimism, sparking a rally in the sector. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Specialty Retail company Leslie's (NASDAQ:LESL) jumped 11.5%. Is now the time to buy Leslie's? Access our full analysis report here, it's free for active Edge members. Sports & Outdoor Equipment Retailer company Dick's (NYSE:DKS) jumped 6.7%. Is now the Show less Read more
Impact Snapshot
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