NRDS - Hot Stocks: Retail stocks rise; TOL hits high; NRDS sets post-IPO low; AUPH takeover rumor; KIRK plunges
Wall Street's volatile week continued on Thursday, with stocks bouncing back after their recent losses. The rebound included a strong performance from a collection of retail names, as investors found hope in a handful of earnings reports that higher costs wouldn't necessarily obliterate margins this holiday season. Duluth Holdings (NASDAQ:DLTH) and JOANN (NASDAQ:JOAN) were among the winners, each climbing in the wake of quarterly results. Designer Brands (NYSE:DBI), Ross Stores (NASDAQ:ROST) and TJX Companies (NYSE:TJX) were also carried higher by the momentum. Housing-related stocks goosed Thursday's overall rally as well. This included a notable advance from Toll Brothers (NYSE:TOL), which rallied to a 52-week high. Aurinia Pharmaceuticals (NASDAQ:AUPH) was another standout gainer. The stock posted a double-digit percentage rally amid renewed takeover speculation. Looking to the downside, Kirkland's (NASDAQ:KIRK) defied the overall strength in both the retail and housing sectors. Shares of the furniture retailer plunged following the release of
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Hot Stocks: Retail stocks rise; TOL hits high; NRDS sets post-IPO low; AUPH takeover rumor; KIRK plunges