Here are the stocks making the biggest moves in midday trading.
Tesla – Shares of the electric vehicle company slid more than 5% during a volatile day of trading, which at one point saw the stock decline more than 12%. The leg lower follows heavy losses on Monday, and the stock is now down more than 10% for the week as investors rotate out of high-flying tech names.
Home Depot – The retailer beat top and bottom line estimates during the fourth quarter, but shares were down more than 4% on Tuesday after the company didn’t issue guidance for 2021. Home Depot earned $2.65 per share on $32.26 billion revenue, compared to the expected $2.62 per share and $30.73 billion in revenue, according to estimates