Tough day on Wall Street
Among the 20 major home channel stocks tracked by Home Channel News, only Huttig Building Products showed a gain for the day, up 0.18 percent. The HCN Index declined 6.91 percent on the day.
Among the double-digit percentage decliners, Builders FirstSource lost 14.19 percent, Louisiana Pacific lost 12.6 percent, and BMHC lost 32.4 percent, dropping 24 cents Monday to $0.50 per share. Shares of Home Depot and Lowe’s dropped 5.6 percent and 6.1 percent, respectively.