Stocks Making the Biggest Moves Midday: Tesla, We Work, Alibaba and More

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AT&T — The telecom stock added 2.3% after Raymond James upgraded the stock to a strong buy from an outperform rating, saying that AT&T shares could surge 40% and that a return to its core business has benefited the stock.

Tractor Supply Company — Shares of Tractor Supply Company rose 5.5% along with the market. The company released earnings last week that topped estimates and also recently closed on its purchase of Orscheln Farm and Home.

Aaron’s — Shares dropped 10.3% after Bank of America downgraded the rent-to-own furniture stock to underperform from neutral, saying the worsening “financial health of the subprime consumer” raises concerns on the rental company.

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