News Formal

Stocks making the biggest moves midday: CarMax, Nike, Paramount, Fastenal and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 21 min. at publisher
  • 📊 Quality Score:
  • News: 79%
  • Publisher: 72%

Market Insider News

Stock Markets,Breaking News,Breaking News: Markets

These are some of the stocks posting the largest moves in midday trading.

Check out the companies making headlines in midday trading. CarMax — The used vehicle seller tumbled 13% after reporting fourth-quarter earnings of 32 cents per share on revenue of $5.63 billion. Analysts had expected earnings per share of 49 cents on revenue of $5.80 billion, according to LSEG, formerly known as Refinitiv. Nike — The athletic apparel maker added 3.2% after Bank of America upgraded Nike to buy from neutral.

It also reported operating income of $390 million, versus expectations of $404 million. Alpine Immune Sciences — Alpine Immune Sciences surged about 37% after Vertex Pharmaceuticals agreed to buy the biotech firm for $4.9 billion in cash. The deal values Alpine shares at $65, roughly 67% above its close on Tuesday, the day before reports that Alpine was considering its options. Vertex shares were up nearly 1%. Rocket Lab — Shares gained 3.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest premarket moves: Nike, CarMax, Robinhood, Alpine Immune Sciences and moreThese are the stocks posting the largest moves in the premarket.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Chipotle, MicroStrategy, CarMax, Intel and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Intel, Tesla, Dave & Buster's, Paramount and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Nike, Lululemon, FedEx, Dutch Bros and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Lululemon, FedEx, Nike and moreSee which stocks are posting big moves after the bell.
Source: CNBC - 🏆 12. / 72 Read more »