Shares of Restoration Hardware fall on the news that co-CEO Carlos Alberini is resigning, effective January 31. The news came as the company reported better-than-expected third-quarter earnings but comp sales that missed expectations.
The Dow Jones Industrial Average was the clear winner of this week, sealing fresh record closes for five days in a row.
The Dow Jones Industrial Average roared to new records on Friday and ended with weekly gains for the fifth time in a row.
Stocks are on track to close at fresh records on Friday as the health care sector makes a comeback after a bruising week.