In midday trading, Trimble saw a 6.4% jump after AGCO Corporation announced it will acquire an 85% stake in Trimble's agribusiness for $2 billion in cash. DigitalBridge also experienced a 5.8% increase in shares after being upgraded by JPMorgan. Jefferies Financial Group rose over 2% despite third-quarter profits being impacted by a slowdown in deal-making. Duolingo saw a 4.5% increase after receiving a buy rating from UBS. On the other hand, Workday shares dropped 8.6% after lowering its long-term subscription growth target, and Accenture shares fell nearly 5% after reporting mixed results for its fiscal fourth quarter.

The post Stocks making the biggest moves midday: CarMax, Accenture, Peloton, Jefferies and more appeared first on Balanced News Summary.