Why RH Stock Climbed 13% in November
Shares of RH (NYSE: RH) gained 13.1% in value last month, according to data provided by S&P Global Market Intelligence. The stock has nearly doubled this year as investors have quickly adjusted their expectations after the last few quarters have shown accelerating growth.
RH (formerly Restoration Hardware) just reported its fiscal third-quarter results on Dec. 4, which showed continued growth on the top and bottom lines, highlighted by exceptional margin performance.
Image source: RH.
Source Fool.com
