Nike and Bed Bath & Beyond are big market movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:
NYSE
Nike Inc. (NKE), down $3.14 to $128.71
The athletic apparel seller reported better-than-expected earnings in its latest quarter, but sales fell short of forecasts.
Chipotle Mexican Grill Inc. (CMG), up $2.87 to $497.48
After an E. coli breakout the burrito chain is shaking up its cooking methods, such as dipping onions in boiling water.
Under Armour Inc. (UA), up $1.62 to $81.99
The sports apparel company named Chip Molloy as its next chief financial officer. Molloy was a former CFO at pet store PetSmart.
Lindsay Corp. (LNN) , up $6.44 to $74.94
The irrigation-equipment maker reported earnings for its fiscal first quarter that topped Wall Street expectations.
Chevron Corp. (CVX), up $3.54 to $93.81
Shares of oil and gas companies, including Chevron, rose as the price of crude moved higher.
Nasdaq
Bed Bath & Beyond Inc. (BBBY), down $2.35 to $48.97
Weak sales at the start of the crucial holiday shopping season pushed the home goods retailer to cut its third-quarter outlook.
Rovi Corp. (ROVI) , up $3.31 to $14.66
The digital TV listings company renewed a patent license agreement with AT&T that allows the pay-TV provider to use Rovi's technology.
Sequential Brands Group Inc. (SQBG) , up 51 cents to $8.56
The new owner of the Martha Stewart brand signed a 10-year deal with magazine company Meredith Corp. to continue to publish Martha Stewart titles.