Why Shares of RH Are Moving Up Today
Shares of RH (NYSE: RH) are bouncing back on Friday afternoon, as investors wade back in following one of the market's worst days in years.
As of 2 p.m. EDT, RH's shares were up about 7.3% from Thursday's closing price.
RH, the parent company of the Restoration Hardware luxury home-goods chain, has had a tough week in the markets. As of the end of trading on Thursday, its share price had fallen over 35% from last Friday's close.
Source Fool.com
