Advance Auto Parts (AAP) shares tumble after posting mixed second quarter earnings results and cutting its full-year 2024 sales guidance. The auto part retailer reported $2.68 billion in revenue ($2.67 billion expected) and $0.75 per share in adjusted earnings ($0.95 per share expected).

Julie Hyman and Josh Lipton monitor AAP's negative trajectory in Thursday trading after it announced it would sell its Worldpac segment to the Carlyle Group (CG).

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This post was written by Luke Carberry Mogan.