Floor & Decor shares slide after Spruce Point Capital report highlights red flags

Shares of Floor & Decor Holdings Inc (NYSE: FND) have plummeted by approximately 30% from their year-to-date high in late March, following a critical short report published by Spruce Point Capital Management on Monday. The report has raised significant concerns about the company’s financial health and strategic direction. Spruce Point’s bearish stance on Floor &

Source: Invezz