RH Stock Soars 36% in a Month: Should You Buy Now or Wait?
RH(RH) ZACKS·2024-10-03 17:21
RH (RH) , previously known as Restoration Hardware), a leading luxury furniture retailer, has seen a significant boost, with its shares gaining 36.1% over the past month. This surge is likely due to increased consumer interest in the company's new product assortment. RH's momentum was also far better than other furniture and home-related peers, like Arhaus, Inc. (ARHS) , down 2.8%), Wayfair Inc. (W) , up 26.6%), and Williams-Sonoma, Inc. (WSM) , up 15.8%) over the past month. Also, in contrast, Hoya Capital ...