Restoration Hardware is trading at $119.74, down 4.16%, amid broader pressure on rate-sensitive discretionary stocks.
- No company-specific announcement explaining the September 28 move surfaced in the search; reports cited risk-off sentiment after President Trump rejected Iran’s proposal.
- Reuters reported Brent crude rose 2.7% to $107.16 amid renewed doubts about a U.S.-Iran truce; bond yields were near multi-year highs.
- Major U.S. indices were also down, supporting a broader-market explanation rather than a fresh company catalyst.