Stocks making the biggest moves midday: Tesla, Airbnb, Toast, Pinterest & more

Check out the companies making headlines in midday trading. Tesla — The electric vehicle stock gained nearly 7%, continuing to rally on the heels of Donald Trump winning a second presidential term. The Elon Musk-helmed company saw its market capitalization rise to $1 trillion on Friday. Shares have gained more than 26% this week.

8 million, per LSEG. Arista Networks — Shares of the computer networking company fell 7% despite third-quarter results beating analyst estimates. Arista also announced a four-for-one stock split. Lucid Group – The stock fell more than 4% despite the electric carmaker posting better-than-expected third-quarter results . The company posted an adjusted loss per share of 28 cents on revenue of $200 million. Analysts expected a loss of 30 cents per share on $198 million in revenue, according to LSEG.

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