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Stocks making the biggest moves midday: Tesla, CarMax, BlackBerry and more
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cnbc.comIn this article
Check out the companies making headlines in midday trading.
CarMax — CarMax shares fell nearly 4.9% despite the used car retailer's better-than-expected quarterly report. The company posted earnings of $1.63 per share, 19 cents above the Refinitiv consensus estimate and revenue came in at $8.53 billion, $1 billion higher than expected.
Tesla — Tesla shares rallied 7% after CEO Elon Musk said he sold «enough stock» to reach his goal of offloading 10% of his shares. On Tuesday, Musk sold another 583,611 shares, bringing the total number of shares he has offloaded to 13.5 million.
BlackBerry — BlackBerry shares dropped more than 1% even after the company posted quarterly results on Tuesday that beat Wall Street expectations.
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