restorationhardware

What Was Wall St. Thinking (Last Week Ed.)?

The boneheaded move of the week was committed by financial journalists, who collectively decided to blame Netflix's recent price hike for its reduction in subscriber targets -- a bad call indeed. Other head-scratchers included the end of boastful Fidelity Magellan chief Harry Lange's tenure, Cracker Barrel's attempts to evade Biglari Holdings, and Restoration Hardware's IPO.