Some of the largest stock price changes during the day include Live Nation, Moderna, Booking Holdings and others.

Check out the companies making headlines in midday trading Thursday.

The live event producer's stock price increased by over 6% following the release of better-than-anticipated quarterly revenue. Additionally, Live Nation announced that 45 million tickets have been sold for upcoming events, despite a significant increase in ticket prices.

On Thursday, Moderna's shares surged nearly 11% after the biotech company reported better-than-expected results for the fourth quarter. Moderna earned an adjusted $11.29 per share on $7.2 billion of revenue, exceeding analysts' expectations of $9.90 in earnings per share on $6.78 billion of revenue. Moderna's CEO also stated on CNBC that he believed people would require another Covid booster shot in the fall.

Gannett's revenue for the last quarter came in below expectations, causing its USA Today publisher's shares to tumble 10.2%. The company also expects revenue to fall this year.

Alibaba's quarterly revenue growth slowed to its lowest since going public in 2014, resulting in a nearly 5% decline. Despite this, its quarterly earnings surpassed analyst expectations.

Quanta Services' shares increased by 9.7% in midday trading following the release of stronger-than-expected quarterly earnings. The company's earnings per share came in at $1.54, 14 cents above estimates, according to Refinitiv.

After reporting a wider-than-expected quarterly loss, Norwegian's quarterly revenue also missed estimates, causing a 5.2% drop in the cruise line operator's stock.

Despite its better-than-expected profit and revenue for the latest quarter, Papa John's shares dipped 2% amid a broad market sell-off. The company did not provide 2022 guidance due to uncertainties related to the ongoing pandemic.

Booking Holdings' shares fell over 9% after the company announced that the pandemic may negatively affect travel demand in certain periods this year. Despite this, the company reported adjusted quarterly earnings of $15.83 per share, exceeding the $13.64 consensus estimate, according to Refinitiv. Additionally, its revenue surpassed Wall Street expectations.

– CNBC’s Jesse Pound and Maggie Fitzgerald contributed reporting.