Why RH Stock Was Popping Today While the Rest of the Stock Market Was Dropping
Shares of RH (NYSE: RH) were surging today even as the broad market was tumbling for a third straight session in response to President Trump's "Liberation Day" announcement of tariffs.Today's gains came as the company updated its guidance after hours on Friday and received a favorable analyst note from Stifel. As of 1:05 p.m. ET, the stock was up 14.2% even as the S&P 500 (SNPINDEX: ^GSPC) was down 1.8% at the same time. Image source: RH.Continue reading
Shares of RH (NYSE: RH) were surging today even as the broad market was tumbling for a third straight session in response to President Trump's "Liberation Day" announcement of tariffs.
Today's gains came as the company updated its guidance after hours on Friday and received a favorable analyst note from Stifel. As of 1:05 p.m. ET, the stock was up 14.2% even as the S&P 500 (SNPINDEX: ^GSPC) was down 1.8% at the same time.
Image source: RH.
