Stocks making the biggest moves after hours: Bed Bath & Beyond, PG&E, Sprint and more – CNBC, CNBC

Check out the companies making headlines after the bell:

Bed Bath & Beyondshares surged as much as 22% during extended trade after the company announced that Mark Tritton will take the helm as president and CEO of the company on Nov. 4, succeeding interim CEO Mary A. Winston. Tritton was most recently executive vice president and chief merchandising officer atTarget. His immediate focus will be on “accelerating the [c] ompany’s ongoing business transformation,” the home goods retailer said ina press release.

Separately, Targetannouncedthat Senior Vice President of Operations Michael Fiddelke will become executive vice president and CFO on Nov. 1. The retailer’s shares dropped 1%, after the company’s stock hit a YTD high earlier Wednesday.

PG&Eshares plunged more than 25% after a California judge granted a motion from a group of claimants and senior note-holdersled by Elliott Management, which would open the way to a rival restructuring plan. The claimants and creditors must file their plan by Oct. 17, thejudge ordered.

Shares ofSprintpopped nearly 3% after the bell following Mississippi’s Attorney General Jim Hood’s settlement withT-Mobileto drop his state’s legal challenge against the merger between the two carriers in exchange for new T-Mobile 5G networks, among other commitments. Within six years, New T-Mobile must cover at least 92% of Mississippi’s general population and 88% of its rural population with 5G service, according to theterms of the agreement. So far, more than a dozen other state attorneys general have signed onto the multi-state lawsuit opposing the merger,Reuters reported.

Micronshares sunk 2% following a report from the South China Morning Post that the US and Chinamade no progressin deputy-level trade negotiations this week. Higher-level talks are expected to last for only Thursday, the report added, instead of theThursday-Friday timeframe that was originally planned.

Shares ofNVIDIAandBroadcomalso fell following the news. NVIDIA fell 2% while Broadcom dropped 1%.