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RH (RH) Is Heading Lower After Q3 Profit Met Expectations

RH (RH) reported third quarter adjusted EPS of $1.04 after the close Tuesday, compared to $0.20 in the prior year period. The result was in line with analysts' expectations. The stock is now down 1.87 on 129K shares.

RH traded in a range for the bulk of Tuesday's session and closed up by 1.48 at $103.87. The stock finished near the upper end of over a 2-week trading range at the highs of the year.

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