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.

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Source Fool.com