Why RH Stock Plummeted 22% in April

RH (RH 0.74%) stock fell 22% in April, according to data provided by S&P Global Market Intelligence. It announced earnings, including a major miss on earnings per share (EPS), on the day of President Donald Trump's new tariff program announcement, and the combined blow led to a massive plunge in the stock price.Progress and setbacksRH has been hit hard in the high interest rate environment and inflationary climate, like most retailers. It sells upscale home furnishings through a network of physical stores, ...