Floor & Decor stock jumps 7% today — here’s what traders are watching next
Floor & Decor shares jumped 7.1% to $69.32 Thursday afternoon, leading gains among housing-related retailers as mortgage rates hovered near recent lows and jobless claims stayed subdued. Barclays cut its price target on the stock to $70. Investors are watching Friday’s U.S. jobs report and mid-January housing data for further signals.