HLTH - Hot Stocks: NFLX hits high; BBBY drags down retailers; PRGO rallies; VLTA falls; HLTH sets post-IPO low

A sharp slide in retail stocks contributed to a general Wall Street decline on Thursday. Bed Bath & Beyond (NASDAQ:BBBY) surprised investors with skimpy results for its latest quarter, sending the stock lower, along with a host of its rivals. Dillard's (NYSE:DDS), Macy's (NYSE:M), Gap (NYSE:GPS), Boot Barn (NYSE:BOOT), Nordstrom (NYSE:JWN), Abercrombie & Fitch (NYSE:ANF) and Foot Locker (NYSE:FL) all recorded notable declines as well. Elsewhere in the market, a couple of Wall Street newcomers had bad days as well. Volta (NYSE:VLTA) declined after the lockup period related to its SPAC deal ended. Cue Health (NASDAQ:HLTH) extended a recent decline, reaching a new post-IPO low. On the other side of the ledger, Perrigo (NYSE:PRGO) was a standout gainer on the session, thanks to a tax settlement with Irish authorities. Meanwhile, Netflix (NASDAQ:NFLX) caught an updraft, riding the enthusiasm for its latest streaming hit, Squid Game, to a new 52-week high.

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Hot Stocks: NFLX hits high; BBBY drags down retailers; PRGO rallies; VLTA falls; HLTH sets post-IPO low