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Why RH Stock Dropped 33% in March


Shares of RH (NYSE: RH) plunged 33% in value last month, according to data from S&P Global Market Intelligence.

RH stock, formerly known as Restoration Hardware, was already down more than 10% for the month ahead of the fourth-quarter earnings report on March 28. The company's quarterly earnings results failed to please investors, causing the shares to nosedive.

IMAGE SOURCE: RH.

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Source Fool.com

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