Why Comcast Shares Are Trading Lower By 6%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

Author: Avi Kapoor | July 23, 2024 01:21pm

Shares of Comcast Corporation (NASDAQ:CMCSA) fell sharply during Tuesday's session after the company reported worse-than-expected second-quarter sales results.

Comcast reported second-quarter revenue decline of 2.7% year-over-year to $29.69 billion, missing the analyst consensus estimate of $30.02 billion.The company reported adjusted EPS of $1.21, beating analyst consensus estimates of $1.12, according to data from Benzinga Pro.

Comcast shares declined 6.1% to $37.12 on Tuesday.

Here are some other stocks moving in today’s mid-day session.

Gainers

• Azitra, Inc. (NYSE:AZTR) shares jumped 529% to $10.19 after the company announced that the U.S. Patent and Trademark Office granted it U.S. Patent No. 12,036,248 for the treatment of atopic dermatitis.
• Adial Pharmaceuticals, Inc. (NASDAQ:ADIL) jumped 148% to $2.6299 after the company announced it advanced into the second cohort and commenced dosing for the Pharmacokinetics Study of AD04 for alcohol use disorder.
• Salarius Pharmaceuticals, Inc. (NASDAQ:SLRX) gained 111% to $3.2540.
• Agape ATP Corporation (NASDAQ:ATPC) shares climbed 67% to $0.2390.
• Smart for Life, Inc. (NASDAQ:SMFL) rose 45% to $2.7950.
• Dermata Therapeutics, Inc. (NASDAQ:DRMA) gained 43% to $2.41.
• Regencell Bioscience Holdings Limited (NASDAQ:RGC) jumped 36.5% to $4.60.
• Volato Group, Inc. (NYSE:SOAR) gained 33.5% to $0.6385 after jumping around 20% on Monday.
• Frequency Electronics, Inc. (NASDAQ:FEIM) shares climbed 30% to $13.11 following fourth-quarter earnings. Also, the company declared a $1.00 special cash dividend.
• Mammoth Energy Services, Inc. (NASDAQ:TUSK) gained 26% to $4.42 after the company announced its subsidiary, Cobra Acquisitions, entered into a release and settlement agreement with the Puerto Rico Electric Power Authority.
• iClick Interactive Asia Group Limited (NASDAQ:ICLK) rose 23.5% to $2.05.
• 1847 Holdings LLC (NYSE:EFSH) jumped 19.3% to $2.90.
• Milestone Scientific Inc. (NYSE:MLSS) gained 17.5% to $1.02 after the company announced the Medicare price assignment for its CompuFlo Epidural System.
• Staffing 360 Solutions, Inc. (NASDAQ:STAF) gained 16% to $2.1493.
• Kiniksa Pharmaceuticals International, plc (NASDAQ:KNSA) rose 16% to $24.81 after the company reported better-than-expected second-quarter sales results and raised its FY24 net product revenue guidance.
• Aeva Technologies, Inc. (NYSE:AEVA) gained 15.1% to $3.6713.
• Spotify Technology S.A. (NYSE:SPOT) jumped 12.7% to $333.02 following second-quarter earnings.
• NuScale Power Corporation (NYSE:SMR) gained 11.8% to $12.34.
• PureCycle Technologies, Inc. (NASDAQ:PCT) rose 11.8% to $6.90.
• MSCI Inc. (NYSE:MSCI) gained 11.1% to $561.96 following better-than-expected second-quarter financial results.
• Crown Holdings, Inc. (NYSE:CCK) rose 8.5% to $84.04 after the company reported better-than-expected second-quarter earnings and raised its FY24 EPS guidance above estimates.
• MakeMyTrip Limited (NASDAQ:MMYT) gained 8% to $96.75 following better-than-expected quarterly earnings.
• Owens & Minor, Inc. (NYSE:OMI) gained 8% to $16.51 as the company released preliminary second quarter 2024 financial results and signed a definitive agreement to acquire Rotech Healthcare for $1.36 billion in cash.
• Mesoblast Limited (NASDAQ:MESO) shares surged 8% to $8.15. Mesoblast recently started enrollment in Phase 3 trial of Rexlemestrocel-L for chronic low back pain.
• Pentair plc (NYSE:PNR) climbed 7.7% to $86.19 after the company reported better-than-expected second quarter financial results and revised its FY24 adjusted EPS guidance above estimates.
• Danaher Corporation (NYSE:DHR) gained 7.4% to $269.35 after the company reported better-than-expected second quarter earnings.
• GE Aerospace (NYSE:GE) gained 6.4% to $173.21 after the company reported better-than-expected second quarter adjusted EPS and raised its FY24 outlook.
• SAP SE (NYSE:SAP) rose 6% to $0.2390 after the company reported second-quarter financial results.
• Zions Bancorporation (NASDAQ:ZION) gained 5.4% to $52.12 after posting better-than-expected quarterly results on Monday.

Losers

• Jaguar Health, Inc. (NASDAQ:JAGX) shares dipped 65% to $1.50 after the company announced its phase 3 OnTarget trial results for Crofelemer did not meet its primary endpoint.
• TransCode Therapeutics, Inc. (NASDAQ:RNAZ) dipped 62.2% to $0.2999 after the company announced a proposed public offering.
• Fly-E Group, Inc. (NASDAQ:FLYE) tumbled 59.2% to $2.60.
• MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) shares dipped 50.3% to $2.4636. MIRA Pharmaceuticals shares jumped 627% on Monday after the company announced new preclinical study results for its novel oral ketamine analog, Ketamir-2.
• CareMax, Inc. (NASDAQ:CMAX) shares fell 38.3% to $3.1851 after surging 228% on Monday.
• Selina Hospitality PLC (NASDAQ:SLNA) dipped 32.4% to $0.0250.
• PS International Group Ltd. (NASDAQ:PSIG) fell 32.2% to $1.83.
• Exicure, Inc. (NASDAQ:XCUR) fell 31.1% to $0.3440.
• Cellectar Biosciences, Inc. (NASDAQ:CLRB) dipped 26.2% to $2.23. The company announced results from its CLOVER WaM pivotal study evaluating iopofosine I 131.
• Crown LNG Holdings Limited (NASDAQ:CGBS) fell 23% to $0.77.
• Castellum, Inc. (NYSE:CTM) fell 20% to $0.1594. Castellum recently announced a new strategic alliance with Krilla Kaleiwahea.
• Netcapital Inc. (NASDAQ:NCPL) fell 17.3% to $0.0926 after gaining around 8% on Monday.
• Medpace Holdings, Inc. (NASDAQ:MEDP) shares declined 16.6% to $364.00 after the company reported mixed second-quarter financial results and narrowed its FY24 revenue guidance with its midpoint below estimates.
• Fitell Corporation (NASDAQ:FTEL) dipped 15.2% to $16.48.
• United Parcel Service, Inc. (NYSE:UPS) fell 13.2% to $126.04 after the company reported worse-than-expected quarterly financial results.
• Nukkleus Inc. (NASDAQ:NUKK) shares fell 10% to $0.4479 after gaining over 55% on Monday.
• NXP Semiconductors N.V. (NASDAQ:NXPI) shares fell 9.5% to $256.55 following mixed second-quarter earnings.
• New Fortress Energy Inc. (NASDAQ:NFE) dipped 9.2% to $23.28.
• PACCAR Inc (NASDAQ:PCAR) fell 8.4% to $99.92 after the company reported worse-than-expected second-quarter financial results.
• A. O. Smith Corporation (NYSE:AOS) declined 8.4% to $81.30. The company reported second-quarter financial results.
• WEBTOON Entertainment Inc. (NASDAQ:WBTN) dipped 7.7% to $22.00.
• Polaris Inc. (NYSE:PII) declined 7.2% to $76.23 after the company reported worse-than-expected second-quarter financial results and cut its guidance.
• Archrock, Inc. (NYSE:AROC) shares declined 6.9% to $21.76. Archrock commenced public offering of 11 million shares of its common stock and announced plans to acquire Total Operations and Production Services for $983 million in cash and stock.
• General Motors Company (NYSE:GM) fell 6.1% to $46.52 after the company reported second-quarter financial results. Also, the company announced that it delayed its 2024 Buick EV and pushed its EV pickup plant opening to 2026.

Now Read This:

• Microsoft To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Tuesday

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