INTU - Hot Stocks: INTU buys Mailchimp; CMCSA warns; AVO earnings miss; BLU clinical data; JAMF selling convertible notes

A $12B merger highlighted Tuesday's midday trading, as Intuit (NASDAQ:INTU) reached a deal to buy Mailchimp. Comcast (NASDAQ:CMCSA) represented another high-profile name making headlines. The stock dipped after the company's CFO tempered expectations for subscriber additions. Mission Produce (NASDAQ:AVO) also lost ground during intraday action, with a disappointing earnings report sparking a double-digit percentage decline. Jamf (NASDAQ:JAMF) dropped as well, dragged down by a plan to sell hundreds of millions of dollars in convertible notes. On the positive side of the ledger, BELLUS Health (NASDAQ:BLU) jumped more than 20% after the release of positive clinical trial data. Gainers Intuit (INTU) announced a deal to acquire email marketing platform Mailchimp -- a move meant to speed an expansion beyond its core tax preparation software business towards becoming a hub for small business services. The purchase price for the deal equates to $12B in cash and stock. Bolstered by news of the

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Hot Stocks: INTU buys Mailchimp; CMCSA warns; AVO earnings miss; BLU clinical data; JAMF selling convertible notes