BJ's Wholesale Club surged 9.9% to $58.76 after the discount retailer reported April quarter sales increased 16.2% to $4.5 billion and net income rose 38% to $112.5 million or 87 cents a share. 

The company said comparable store sales surged 14.4%  and excluding gasoline rose 4.1% from  a year ago.    

The membership warehouse club reaffirmed its annual earnings per share growth outlook at "flat year-over-year."

Bath & Body Works Inc plunged 10% to $28.76 after the retailer reported first quarter revenues declined 1.3% to $1.449 billion and net income plunged more than 43% to $154 million. 

The retailer also guided second quarter earnings between 65 cents and 70 cents and lowered full-year 2022 earnings per share from continuing operations to between $3.80 and $4.15 compared to $4.51 a year ago.    

Boeing Co. rose 1.9% to $127.83 after the aerospace company said that IAG, the parent of British, Iberia Air, and Aer Lingus, plans to acquire 50 737 Max jets and hold an option to acquire 100 additional aircrafts. 

Children's Place Inc surged 10% to $47.43 after the specialty apparel retailer reported revenues in the first quarter ending in April declined 16.8% to $362.4 million and net income fell 55% to $19.8 million. 

The company also said March sales in the current quarter were 35% lower from a year ago on inclement weather across the nation and rising food and energy prices kept consumers away. 

The retailer also guided full-year 2022 sales in "a mid-single digit."

Cisco Systems Inc declined 13.2% to $41.78 after the networking systems maker reported flat quarterly sales and guided a decline in sales in the current quarter. 

Kohl's Corporation fell 0.7% to $42.73 after the department store chain reported a first quarter and comparable sales declined 5.2% and flat earnings from a year ago. 

Revenues decreased to $3.47 billion and net income in the quarter was $14 million. 

The retailer also guided full-year 2022 revenues to be between flat and 1% and operating margin between 7% and 7.2% and diluted earnings per share excluding non-recurring charges between $6.45 and $6.85. 

Synopsys Inc surged 12% to $305.60 after the electronics design automation software developer reported revenues in the second quarter of fiscal 2022 increased 25% to $1.27 billion. 

Net income in the quarter increased to $295 million or $1.89 a share from $195 million of $1.24 a share a year ago. 

The company guided earnings per share in the third quarter between $1.32 and $1.44 and full-year ending in October between $6.22 and $6.44. 

Target Crop declined 5.2% to $153.04 a day after the company reported a sharp fall in earnings and operating margins. Stock has declined about 32% in two days. 

Tesla Inc added 2.6% to $726.45 and briefly traded below $700. The stock has been on the slide since the company's CEO Elon Musk offered to buy micro-blogging platform Twitter pledging the Tesla stock as a collateral. 

Tesla has collapsed 38% since Musk announced an offer to buy Twitter in early April.   

Stock has also been hurt by the recent tech selloff and ongoing lockdown worries in Shanghai hurting vehicle production. 

Under Armour Inc declined 10.3% to $9.45 after the athletic apparel retailer said CEO Patrick Frisk will step down from his responsibilities at the end of the month without giving any reason. 

The surprise departure raises questions about the company's turnaround plans.