Why RH Stock Popped Today
Shares of RH (NYSE: RH), the home furnishings company formerly known as Restoration Hardware, were gaining today after the company reported disappointing results in its fourth-quarter earnings report, but gave better-than-expected guidance for 2024, indicating that the company was returning to growth.
As a result, the stock was up 15% as of 9:55 a.m. ET.
Image source: Getty Images.
Source Fool.com
Restoration Hardware Hldgs Inc Stock
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With 10 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
