Hibbett — Shares of Hibbett dropped more than 9% after the company posted a disappointing profit for the third quarter. The sporting goods retailer said higher expenses cut into its profit margins.
JD.com — Shares of U.S.-listed Chinese internet companies rose as a group after Chinese health authorities reported an improvement in recent senior vaccination rates. Shares of JD.com were up 7.9%. Pinduoduo and Baidu climbed 6.4% and 5.7%.
HSBC — The stock jumped more than 4% after HSBC said it would sell its Canadian unit to the Royal Bank of Canada for $10.1 billion.
Apple — Shares of Apple fell 1.8% as investors remained concerned over risks to the tech company’s supply chain amid Covid unrest in China.
Chevron — The energy stock rose more than 1% as oil prices rebounded from Monday’s sell-off. U.S. West Texas Intermediate crude futures briefly climbed $2 a barrel. Earlier this week, Chevron received permission to resume pumping Venezuelan oil for the first time in years.
Wynn Resorts, Las Vegas Sands — Shares of casino operators Wynn Resorts and Las Vegas Sands jumped 2.6% and 1.8% respectively on news that China has given new licenses to operators in Macao so that they can keep operating amid the government’s zero Covid policy.