Stocks making the biggest moves at midday: KMX, ACN, PTON, JEF

See which companies are making headlines in midday trading.

Trimble — The technology services provider rose 6.5% on Thursday following the announcement that AGCO Corporation will acquire an 85% stake in Trimble’s agribusiness for $2 billion in cash as the tractor and planting equipment company seeks to expand its precision agriculture portfolio.

digital bridge — Shares of the digital infrastructure company rose 4.8% after JPMorgan upgraded the company from neutral to overweight. The company said DigitalBridge is close to completing its business transformation.

Jefferies Financial Group — Financial services shares rose 1.9% even though the company’s third-quarter profit was hurt by slowing trading. After markets closed Wednesday, Jefferies reported earnings of 22 cents per share on revenue of $1.18 billion. Nonetheless, the company’s CEO expressed optimism that momentum in investment banking activity will return.

Duolingo — The stock rose 3.2% on Thursday after UBS began reporting a buy rating on Duolingo the day before, calling it a “best-in-class brand.”

Host Hotels & Resorts — Shares rose 3.5% after Wolfe Research began reporting on the real estate investment trust with an outperforming rating. The company has assigned a $22 price target for the company.

working day — Shares plunged 8.5% a day after the cloud services company lowered its long-term subscription growth target to a range of 17-19% from its previous target of 20%.

Accenture — Shares of the IT and consulting company fell 4.3% on Thursday after Accenture reported mixed results for its fiscal fourth quarter. The company reported adjusted earnings per share of $2.71 on revenue of $15.99 billion. Analysts were expecting earnings of $2.65 per share and revenue of $16.07 billion, according to FactSet. The company’s full-year revenue and operating cash guidance for the upcoming fiscal year also missed expectations, according to StreetAccount.

micron — Shares of the chipmaker fell 4.4% on the day after Micron issued a weaker-than-expected earnings outlook. Micron estimates a fiscal first-quarter loss of $1.07 per share, while analysts polled by LSEG, formerly known as Refinitiv, had expected a loss of 95 cents. In its fiscal fourth quarter, the company reported a smaller-than-expected loss and better-than-expected revenue.

peloton — Peloton rose 5.4% on Thursday. Peloton and Lululemon announced a five-year strategic partnership on Wednesday. As part of the deal, Peloton’s content will be available on Lululemon’s workout app and Lululemon will become Peloton’s primary workout apparel partner.

Carmax — The stock fell 13.4%. Used car dealers’ fiscal second quarter performance and sales decreased compared to the same period last year due to slowing demand for used cars. The company earned 75 cents a share on $7.07 billion in sales and said it purchased 14.9% fewer vehicles from consumers and dealers than the year before as steep market depreciation lowered sales.

concentric circles — Shares rose 6.8% a day after Concentrix announced it would raise its quarterly dividend by 10% to about 30 cents per share. Separately, the consumer experience technology company reported earnings of $2.71 per share on revenue of $1.63 billion, while analysts polled by FactSet estimated that Concentrix would earn $2.85 per share on revenue of $1.64 billion.

— CNBC’s Jesse Pound and Christina Cheddar-Berk contributed reporting.