Floor & Decor Holdings, Inc. shares fall 3.77% intraday despite opening of new warehouse in Myrtle Beach.

Floor & Decor Holdings, Inc. declined 3.77% in intraday trading. The company announced the grand opening of its newest warehouse location in the Myrtle Beach area, which could be seen as a positive development. However, the stock's decline suggests that investors may be reacting to other factors not directly related to this news event.