Comment on Investors Are Betting Big Against RH. Are They Right?

Investors Are Betting Big Against RH. Are They Right?

Last January, RH (NYSE: RH) was a struggling upscale home furnishings retailer. Its hybrid approach -- brick-and-mortar combined with e-commerce -- seemed to be failing, and its stock was tanking. At the time, shares traded for $27 apiece.Fast-forward to today: Even though trailing revenue has risen a scant 14%, shares are trading 450% higher at around $150.

 

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