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Stocks making the biggest moves midday: Instacart, Disney, Planet Fitness, Rackspace and more

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

— Shares of the cruise company gained about 2% after being upgraded to buy from hold by Truist, which said forward-looking trends for 2024 and 2025 seem"exceptionally strong." The Wall Street firm also upgraded Carnival to hold from sell, sending shares nearly 2% higher.

— The cloud computing company popped on Tuesday, gaining more than 36%. Raymond James earlier upgraded Rackspace to outperform from market perform and said that it likes the company management's execution. — CNBC's Brian Evans, Jesse Pound, Samantha Subin, Yun Li, Lisa Kailai Han and Michelle Fox contributed reporting.

 

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