Here's Why Floor & Decor Stock Plunged 16.5% in June

Shares of home-improvement retailer Floor & Decor Holdings (NYSE: FND) fell 16.5% in June, according to data provided by S&P Global Market Intelligence. According to The Fly, MKM Partners analyst David Bellinger and Goldman Sachs analyst Kate McShane both gave Floor & Decor stock a neutral rating in the month of June, with price targets of $65 per share and $64 per share, respectively. Consider that Floor & Decor has performed very well since the start of the COVID-19 pandemic.