Shares of Lumber Liquidators (LL - Get Report) jumped at Friday's open after the company agreed not to resume sales of laminate flooring made in China, which were halted last year. As part of a broader recall program, Lumber Liquidators also agreed to continue to test Chinese-made laminate flooring in households and provide remediation if the flooring is found to emit elevated levels of formaldehyde, according to a statement released by the U.S. Consumer Product Safety Commission. The company has been a target of short-sellers, most famously Whitney Tilson, who shorted shares due partly to the levels of formaldehyde found in its flooring.

This article was written by a staff member of TheStreet.