Stocks making the biggest moves midday: Carmax, Accenture, Peloton, Jefferies and more

— Shares fell 9.5%. The used car retailer's fiscal second-quarter earnings and revenue slipped from a year ago on weakening demand for used cars. The company said it earned 75 cents per share on revenue of $7.07 billion, and that it bought 14.9% fewer vehicles from consumers and dealers from the previous year as steep market depreciation hurt volume.

— Shares gained 10% a day after Concentrix said it would hike its quarterly dividend by 10% to about 30 cents a share. Separately, the consumer experience tech company posted adjusted earnings of $2.71 per share on revenue of $1.63 billion, while analysts polled by FactSet had estimated Concentrix would earn $2.85 per share and revenue of $1.64 billion.

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