🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Midday Movers: Discover Financial, AT&T, Tesla and More

Published 07/21/2022, 12:45 PM
Updated 07/21/2022, 12:54 PM
© Reuters.
T
-
AMZN
-
DFS
-
UAL
-
TSLA
-
AAL
-
BTC/USD
-

By Liz Moyer

Investing.com -- U.S. stocks edged higher in volatile trading on Thursday as more earnings roll out. Here are the midday movers for July 21:

  • Discover Financial Services (NYSE:DFS) shares fell 9.4% after the card company said it would suspend buybacks amid an investigation into its student loan servicing practices. 

  • AT&T Inc (NYSE:T) shares fell 7.2% after the telecommunications giant said customers were starting to pay their bills a few days later than usual, hitting its cash flow by $1 billion in the quarter.

  • Tesla Inc (NASDAQ:TSLA) shares rose 9.4% after the electric vehicle maker beat expectations and said it sold about 75% of its Bitcoin holdings.
  • American Airlines Group (NASDAQ:AAL) shares fell 7.9% after it said it would hold back on capacity in the third quarter despite strong travel demand amid higher ticket prices. United Airlines Holdings Inc (NASDAQ:UAL) shares fell 9.6% after it also said it would rein in capacity growth plans, citing ongoing system-wide operational issues.

  • Amazon.com Inc (NASDAQ:AMZN) shares rose 1% after the e-commerce giant said it would buy One Medical, which provides primary healthcare services, for $3.9 billion.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.