Motorcar Parts Of America, Inc. shares fall 1.27% intraday as Advance Auto Parts reports weaker Q2 results.

Motorcar Parts Of America, Inc. declined 1.27% in intraday trading. The stock's movement may be influenced by the broader consumer sector's performance, as consumer companies were more or less flat amid mixed earnings. Additionally, Advance Auto Parts, a competitor in the automotive aftermarket parts sector, lowered part of its outlook for the year amid weaker results in its second quarter, which could have contributed to the negative sentiment in the sector.