RH shares rise in premarket after Q2 results
RH stock climbed as much as 9% in Friday premarket following its Q2 results, alongside price-target cuts from some Wall Street firms.
RH (RH) stock rose up to 9% in Friday's premarket after the luxury home furnishings retailer's second-quarter (Q2) results. The move came even as several Wall Street firms cut their price targets, while the broader debate focused on whether RH's second-half growth setup is taking shape.