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BREAKING:

$535B CANADA BUDGET PROJECTS $39.8B DEFICIT, AIMS TO RESTORE ECONOMIC FAIRNESS

It seeks to ease the housing and affordability crisis by making older, wealthier Canadians pay more

RH stock sinks, warns of challenges ahead

Yahoo Finance

Yahoo Finance Live’s Jared Smith breaks down the decline in stock for RH.

Video Transcript

BRAD SMITH: And we're also watching shares of RH after the company warned of challenges ahead for the next several quarters as it battles with a slowing housing market and banking turmoil. We're going to break down those numbers actually with an analyst from Wedbush a little bit later on in the show.

You're taking a look at shares of RH, though, down by about 1.1% right now.