Check out the companies making headlines in midday trading. Peloton — Shares soared 28% after the exercise equipment company posted better-than-expected results for its fiscal first quarter and raised its full-year profit outlook. Peloton also announced that Ford executive Peter Stern will serve as its next CEO starting January. Carvana — The used car platform rose 23% after posting a third-quarter earnings and revenue beat .
For the current quarter, eBay sees revenue coming in between $2.53 billion to $2.59 billion. Analysts had called for $2.65 billion in sales, according to StreetAccount. On the other hand, the company posted a third-quarter earnings and revenue beat. Coinbase — The cryptocurrency exchange platform shed 10% after posting a third-quarter earnings and revenue miss . Coinbase's revenue came in at $1.21 billion, while analysts polled by LSEG anticipated a top line figure of $1.26 billion.
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Stocks making the biggest moves midday: Reddit, Super Micro Computer, Garmin, Snap and moreThese are the stocks posting the largest moves in midday trading.
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