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Stocks making the biggest moves midday: Apple, Lyft, Carvana, VF Corp and more

May 6, 2023
Source: cnbc.com cnbc.com
News Snapshot:
Check out the companies making headlines in midday trading. Carvana – The used car retailer saw shares surge 28% after the company said it expects to achieve positive adjusted profit during the second quarter of this year, which would be earlier than it previously stated. Carvana posted a smaller-than-expected loss Thursday, according to Refinitiv. The company has been working to reduce costs, narrow losses and increase profits per vehicle after its stock fell about 98% in 2022. Apple – The tech giant advanced more than 4%. On Thursday, Apple reported better-than-expected earnings and revenue for its fiscal second quarter, according...
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