Diamonds and Dogs
Restoration Hardware (RH) surges following earnings. RH is up 14% to near all-time highs as earnings easily beat expectations as sales rose 82% to $860.79 million. Chairman and CEO Gary Friedman credited its quarterly performance to a strong housing and renovation market.
Carnival (CCL) is down 2% as their Holland America Line cruises in Europe has been cancelled for the remainder of the summer as the company continues to work with Euro governments and port authorities to resume cruising.
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