Trader Radar - Tuesday June 17th
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Founded in Monroe, Michigan by two cousins in 1927, couch potatoes and college students alike all love this company's line of reclining chairs. And even though there was a fall in armchair demand in the 2nd quarter the stock was nothing like its name suggest today - active and up on a good forecast. Who is it?
A: On the trader radar tonight we’re watching La-Z-Boy ! This furniture maker was among the most active names on the Nasdaq today.