Why Domino's Pizza Shares Are Trading Lower By Over 11%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Shares of Domino’s Pizza, Inc. DPZ fell sharply during Thursday's session after the company reported mixed quarterly results.

The company reported second-quarter FY24 sales growth of 7.1% year-on-year to $1.097 billion, missing the analyst consensus estimate of $1.103 billion.

The company is temporarily suspending its guidance metric of 1,100+ global net stores growth until the full effect of DPE's store opens and closures on international net store growth are known.

Domino’s Pizza shares dipped 11.2% to $420.36 on Thursday.

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

Gainers

• Onconetix, Inc. ONCO climbed 97.6% to $0.2944. On July 15, Onconetix announced closing of warrant exercise for $1.11 million gross proceeds.
• Silo Pharma, Inc. SILO jumped 71.6% to $3.86. Silo Pharma said it has entered into a Device and CMC Development Master Plan with Resyca BV, a medical technology provider.
• Chuy’s Holdings, Inc. CHUY rose 47.6% to $37.29 after the company and Darden Restaurants, Inc. DRI jointly announced that Darden will acquire Chuy's Holdings.
• JE Cleantech Holdings Limited JCSE jumped 24.8% to $0.8873.
• CommScope Holding Company, Inc. COMM gained 19% to $2.0407. Amphenol announced plans to acquire mobile networks businesses from CommScope.
• LivePerson, Inc. LPSN gained 18% to $1.1500. LivePerson is expected to release its second quarter financial results after the closing bell on Wednesday, July 31.
• Kopin Corporation KOPN rose 16% to $1.32. Kopin said it has achieved production approval milestone on next generation F-35 OLEDoS Microdisplay.
• NKGen Biotech, Inc. NKGN surged 15.3% to $1.08 after the company announced it will present new SNK01 biomarker data at the Alzheimer’s Association International Conference.
• ZimVie Inc. ZIMV gained 14.7% to $21.74.
• Virtu Financial, Inc. VIRT rose 13.2% to $26.61 after the company reported better-than-expected second-quarter financial results.
• Acurx Pharmaceuticals, Inc. ACXP rose 10.7% to $2.90.
• D.R. Horton, Inc. DHI shares rose 10.6% to $174.29 after the company reported better-than-expected third-quarter financial results and revised its FY24 guidance. Also, the company authorized a new $4 billion share repurchase.
• Canadian Solar Inc. CSIQ gained 8.3% to $17.89.
• Infosys Limited INFY rose 7.4% to $22.07 as the company reported first-quarter revenue growth of 2.5% in constant currency terms year-on-year to $4.71 billion, beating the analyst consensus estimate of $4.65 billion.
• Ostin Technology Group Co Ltd OST shares climbed 7.1% to $0.2944.
• Toll Brothers, Inc. TOL gained 6% to $135.83 in sympathy with D.R. Horton, which reported better-than-expected third-quarter financial results.

Losers

• Agenus Inc. AGEN shares fell 52.7% to $8.36 after the company announced the FDA discouraged an accelerated approval pathway at the end-of-Phase 2 meeting.
• Leslie’s, Inc. LESL fell 30.7% to $2.83 after the company reported preliminary financial results for the third quarter and cut its full-year guidance. Multiple analysts also lowered price targets on the stock Thursday morning.
• Alaunos Therapeutics, Inc. TCRT fell 26% to $4.57. Alaunos Therapeutics announced a reverse stock split of 1-for-10, effective July 18.
• Aptevo Therapeutics Inc. APVO shares fell 23% to $0.4471 after jumping 76% on Wednesday. On July 1, Aptevo Therapeutics announced the closing of $2.75 million offering.
• Aditxt, Inc. ADTX shares fell 19.7% to $1.86. Aditxt shares climbed around 46% on Wednesday after the company and Evofem amended and restated their merger agreement.
• Locafy Limited LCFY fell 19% to $5.33.
• SunPower Corporation SPWR fell 17.2% to $2.0850.
• Torrid Holdings Inc. CURV fell 16.7% to $7.16 after Morgan Stanley downgraded the stock from Equal-Weight to Underweight and maintained its $5 price target.
• Longeveron Inc. LGVN declined 16.6% to $3.25. Longeveron announced a $9.0 million registered direct offering priced at-the-market under Nasdaq rules.
• Forestar Group Inc. FOR fell 13.9% to $30.99 after the company reported worse-than-expected third-quarter EPS and revenues.
• Stardust Power Inc. SDST shares declined 13.3% to $21.22 after jumping around 145% on Wednesday.
• Cetus Capital Acquisition Corp. CETU shares declined 13.2% to $8.60 after surging 80% on Wednesday.
• Meiwu Technology Company Limited WNW fell 13.2% to $1.11 after jumping more than 40% on Wednesday.
• Fitell Corporation FTEL fell 12% to $23.55.
• American Rebel Holdings, Inc. AREB shares fell 12% to $0.80 after jumping around 32% on Wednesday.
• Beyond Meat, Inc. BYND shares fell 9.4% to $6.49 following a report suggesting the company’s liquidity has weakened and it is engaging bondholders for debt discussions.
• 4D Molecular Therapeutics, Inc. FDMT declined 8.1% to $16.73. The company announced the presentation of Phase 2 PRISM interim data.
• Texas Capital Bancshares, Inc. TCBI fell 6.2% to $66.17 following downbeat quarterly results.
• Nokia Oyj NOK fell 5.9% to $3.66 after the company reported mixed quarterly financial results.
• Alaska Air Group, Inc. ALK declined 5.4% to $37.85 as the company reported second-quarter 2024 total operating revenue growth of 2% year-over-year to $2.897 billion, missing the consensus of $2.945 billion.

Now Read This:

• PodcastOne And 2 Other Stocks Under $2 Insiders Are Buying