RH Stock Plummets 9.19% with $679M Trading Volume Ranking 185th Amid Tariff Concerns

On April 8, 2025, RH's trading volume reached $679 million, a 35.63% decrease from the previous day, ranking 185th in the day's stock market. RH's stock price fell by 9.19%.

RH has clarified its demand and tariff exposure following an impromptu alarm from its CEO. The company reiterated that it has successfully shifted much of its operations since the 25% tariffs from China were imposed during the last Trump administration. This clarification comes after the company's shares plummeted following the president's recent trade announcement.

The 20-point tariff rate increase announced on April 2 is expected to drive the personal consumption inflation rate 1.8 percentage points beyond the baseline forecast. This development poses a significant challenge for beleaguered US consumers, as the tariffs are set to make it harder for job seekers and impact overall economic stability.