Why Rh Stock Dropped 10.8% On Monday

newsfeedback@fool.com (Steve Symington), The Motley Fool
Tue, 10/23/2018 - 5:00am

Despite a lack of negative company-specific news, shares of RH (NYSE: RH) fell 10.8% on Monday. To the contrary, RH stock drifted lower throughout the day even after analysts at Wedbush initiated coverage on the home decor and furnishings retailer early Monday with an "outperform" rating.It didn't help that the broader market continued to pull back to start the week.

Topics: rh nyse wedbush september source rh rh monday shares

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Why Rh Stock Dropped 10.8% On Monday

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