Restoration Hardware Breaks Out, Surges To New High

Restoration Hardware (RH) broke out on Thursday as homebuilder sentiment hit its highest level since November 2005. Last month, the luxury home furnishings retailer topped Q1 expectations and introduced a new concept called RH Modern. The new minimalist line launches this fall with its own 300-page sourcebook, website and retail space in multiple major cities. Shares surged to a new all-time high in heavy volume on the stock market today, clearing

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