Arhaus, Inc. (ARHS) Surges 5.8%: Is This an Indication of Further Gains?
ARHSArhaus(ARHS) Zacks Investment Research·2024-03-14 16:06

Arhaus, Inc. (ARHS) shares ended the last trading session 5.8% higher at $16.02. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 23.9% gain over the past four weeks. The momentum in Arhaus’ stock can indeed be attributed to the better-than-expected performance in the fourth quarter of fiscal 2023. The company's aggressive expansion strategy, characterized by the opening of eleven new Showrooms and completion of eig ...