UP - Hot Stocks: RHI drives recruiters MAN KFRC; low-cost retailers hit highs; UP goes down; VNE NWHM get bought
champc/iStock via Getty Images While earnings dominated Wall Street conversation on Friday, a couple of other simmering themes exerted influence as well. For instance, the tight labor market helped drive earnings for Robert Half International (RHI). The strong results then sparked gains in other staffing firms, like ManpowerGroup (MAN) and Kforce (KFRC). Inflation represented another old talking point that quietly affected Friday's action. It could be seen in the continued 52-week highs set by discount retailers, like BJ's Wholesale Club (BJ), Dollar General (DG) and Costco Wholesale (COST). Wheel's Up (UP) continued its post-IPO woes on Friday. The stock has pushed lower since coming public in a SPAC deal earlier this month. It fell again on Friday, setting a new low in the process. A couple of under-the-radar merger deals sparked significant advances during the session. Veoneer (VNE) and The New Home Company (NWHM) each posted massive gains on separate
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Hot Stocks: RHI drives recruiters MAN, KFRC; low-cost retailers hit highs; UP goes down; VNE, NWHM get bought