Diamonds and Dogs
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6/14/24
Adobe (ADBE) is jumping 14% following earnings that beat estimates while the outlook for the rest of the year remains strong.
A dog today is in the retail sector. Restoration Hardware (RH) is down over 15% after they missed estimates by 27 cents even as revenue was in line. Guidance for the second quarter showed sales will be below consensus, but did still reaffirms sales guidance for the full year.
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