Stocks making the biggest moves midday: Tesla, CarMax, BlackBerry and more

Stocks making the biggest moves midday: Tesla, CarMax, BlackBerry and more

 — CarMax shares fell nearly 4.9% despite the used car retailer's better-than-expected quarterly report. The company posted earnings of , 19 cents above the Refinitiv consensus estimate and revenue came in at $8.53 billion, $1 billion higher than expected.  — Tesla shares rallied 7% after " 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 shares dropped more than 1% even after the company posted quarterly results on Tuesday that beat Wall Street expectations. The communications software maker posted a breakeven quarter on an adjusted basis, while analysts expected a loss of 7 cents per share, according to StreetAccount. However, current quarter forecasts for cybersecurity products fell shy of the StreetAccount consensus estimate. — Shares of the industrial giant gained 1.6% after to an outperform rating. The firm said expectations are low for Caterpillar despite plenty of upside heading into 2022. "Although the slope of its secular growth trajectory remains an outstanding question, the cycle is calling CAT's name and the path is clearing for the stock to outperform over these next 12 months," the