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Benzinga
Benzinga
Business
Mohd Haider

La-Z-Boy Stock Tanks Nearly 24% In After-Hours Trading: Here's Why

LZB Intel Corporation LaZBoy
Kuala,Lumpur,-,Circa,2019:,Premium,Sofa,La-z-boy,On,Sale

La-Z-Boy Incorporated (NYSE:LZB) shares crashed 23.55% in after-hours trading on Tuesday, falling to $29.90 from $39.11 after the furniture retailer reported disappointing first-quarter results that missed analyst expectations amid mounting operational pressures.

Check out how LZB stock is trading here. 

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