Restoration Hardware Higher Despite Q4 Miss

Restoration Hardware

shares are trading higher by $1.27 at $40.28 in Wednesday's session. It has been a wild session for the issue following the EPS miss of $0.10 with a slight miss for revenues. After a lower open, it bottomed at its opening tick of $38.64 and immediately turned higher. The ensuing rally took the issue over $40, into a thinly traded area before it eventually peaked at $43.50. Since making that high, it has given back a majority of those gains, falling back to the $40 area.