La-Z-Boy Inc.

La-Z-Boy Inc.’s 11 percent decline was the most since June 2010. A Wall Street Strategies equity analyst, Brian Sozzi, downgraded the Michigan maker of living-room recliners to “hold’’ from “buy’’ and lowered the stock price estimate to $9.50 from $13, citing “basically nonexistent’’ traffic to retail stores for La-Z-Boy products.