Stocks making the biggest moves midday: MongoDB, American Airlines and more

📆 12.04.2023 22:24:00
📰 CNBC

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Take a look at some of the stocks making the biggest moves on Wednesday, April 12.

— Shares of the used car dealership dropped more than 5% after CarMax reported a drop in sales for its fiscal fourth quarter.

CarMax reported 44 cents in earnings per share on $5.72 billion of revenue. Analysts surveyed by Refinitiv were looking for 24 cents per share on $6.04 billion of revenue. Unit sales were down 15.5% year over year.

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Stocks making the biggest moves midday: Micron, Pioneer Natural Resources, Block, AMC and moreMicron's shares popped after its rival announced plans to cut memory chip production near term—a move analysts said could lead to a chipmaking sector rebound.
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