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Nike, Alibaba rise; Okta, Hess fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday:

Nike Inc., up $2.90 to $133.09.

The athletic apparel maker reported strong fiscal third-quarter financial results.

Alibaba Group Holding Ltd., up $11.40 to $114.99.

The world’s biggest e-commerce company increased its stock buyback plan to $25 billion from $15 billion.

Blackstone Inc., up $3.51 to $126.13.

Prologis is reportedly offering $23 billion for the investment management firm's Mileway logistics warehouse company.

Sonoco Products Co., up $3.40 to $61.70.

The packaging maker gave investors an encouraging financial update.

Okta Inc., down $2.98 to $166.43.

The cloud identity management company is reportedly investigating a digital breach.

Hess Corp., down $2.26 to $101.59.

Energy companies came under pressure as oil prices fell.

JPMorgan Chase & Co., up $2.97 to $142.62.

Bank stocks benefited from rising bond yields, which allow them to charge higher interest rates on loans.

Newmont Corp., down 27 cents to $76.03.

The falling price of gold made the stocks of gold mining companies less appealing to investors.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Okta (OKTA)
4.9115 of 5 stars
$90.030.1%N/A105.88Moderate Buy$118.25
Hess (HES)
2.1181 of 5 stars
$160.317.6%1.25%22.17Moderate Buy$162.78
JPMorgan Chase & Co. (JPM)
4.5503 of 5 stars
$311.710.8%1.80%15.99Moderate Buy$292.78
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