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Peloton, Apple, IAC, CarMax and more


A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019.

Michael Nagle | Bloomberg | Getty Images

Check out the companies making headlines in midday trading.

Peloton — The exercise equipment stock jumped more than 11.7% and hit an all-time high after Peloton announced that it planned to buy equipment manufacture Precor for $420 million. The deal could help Peloton ramp up production to meet strong demand.

IAC — Shares of IAC jumped more than 14.1% on Tuesday after announcing it is spinning off its full stake in video software company Vimeo. Vimeo will become an…


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