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Netflix shares slump on revenue outlook, Tesla’s stock slips on margin fears, and other stocks on the move

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Movers & Shakers: Chilly receptions for Netflix and Tesla quarterly results

Stock gainers International Business Machines Corp.’s IBM, +2.72% stock rose 2.9% after the tech giant reported better-than-expected second-quarter profit.

Zions Bancorp. ZION, +9.47% shares jumped 8% after the regional bank reported a profit that topped expectations, with executives citing a rebound in customer deposits but higher resulting costs. Tesla Inc. TSLA, -6.86% shares dropped 7.3% after the electric-vehicle maker beat Wall Street analysts for its second quarter but not in the blowout fashion that some market observers were expecting.

Equifax Inc. EFX, -9.46% shares fell 10.2% after the credit-reporting company reduced its full-year forecast, blaming a weak mortgage market.

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