Trip.com, Wynn Resorts increase; Fall of Nike and Enerpac

NEW YORK (AP) — Stocks that traded heavily or saw significant price changes on Tuesday:

Nike Inc., down $7.72 to $102.78.

The athletic footwear and apparel company warned that ongoing COVID-19 disruptions in China could hurt revenue.

JetBlue Airways Corp., down 3 cents to $8.73.

The airline has again sweetened its takeover bid for Spirit Airlines in a bidding war against Frontier Group.

Wells Fargo & Co., down 6 cents at $40.18.

The bank said it plans to increase its quarterly dividend.

Morgan Stanley, up 72 cents at $78.16.

The investment bank increased its dividend and announced a $20 billion share buyback program.


Wynn Resorts Ltd., up $1.82 to $59.51.

The casino operator gained traction after learning China was relaxing some of its quarantine requirements.

Trip.com Group Ltd., up $2.65 at $27.22.

The travel services company beat analysts’ earnings and revenue forecasts in the first quarter.

Lands’ End Inc., up 72 cents at $12.08.

The clothing manufacturer announced a $50 million share buyback program.

Enerpac Tool Group Corp., down $1.27 to $18.50.

The industrial products company announced disappointing third-quarter financial results and lowered its revenue forecast.

Darryl A. Chapin