Sprint, Office Depot, Michael Kors, Herbalife and RetailMeNot are big market movers
Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Sprint Corp., down $1.02 to $5.18
The wireless phone company reported a wider-than-expected quarterly loss and said it will cut 2,000 jobs in a cost-cutting measure.
Michael Kors Holdings Ltd., down $6.57 to $71.42
The luxury fashion retailer expects profit and revenue during the holiday season to fall short of Wall Street expectations.
Herbalife Ltd., down $11.64 to $44.26
The supplements seller reported worse-than-expected quarterly results and a weaker-than-expected full-year outlook.
Chevron Corp., down $1.41 to $115.37
The energy company's stock fell with the price of crude oil following reports that Saudi Arabia is cutting prices for U.S. customers.
Nasdaq
Office Depot Inc., up $1.26 to $6.33
The office supply retailer reported better-than-expected quarterly results and raised its outlook for the year.
RetailMeNot Inc., down $6.05 to $14.35
The digital coupon company set weaker-than-expected financial guidance and said its chief financial officer will step down.
Discovery Communications Inc., down $2.36 to $33.31
The cable TV channel operator beat quarterly profit expectations, but revenue fell short and it lowered its revenue outlook.
Rosetta Resources Inc., down $3.10 to $34.44
The oil and gas company reported worse-than-expected third-quarter profit despite quarterly revenue that topped forecasts.