AUTOZONE

These are the stocks posting the largest moves in midday trading.

These are the stocks posting the largest moves in midday trading.

These are the stocks posting the largest moves before the bell.

While the retail earnings calendar is loaded, Oppenheimer's Ari Wald looked to a retailer that isn't reporting this week as his favorite play in the space.

A global chip shortage has put the squeeze on car production and driven the price of used cars higher. One corner of the market looks to be a beneficiary.

The wild ride for the summer's blockbuster stock, AMC, got even crazier on Thursday. It's the latest stupefying, nearly unexplainable move for one of the “meme stocks” that have rocked Wall Street this year, Many professional investors say AMC, GameStop and other meme stocks have hit heights untethered to reality and are primed for a steep fall, but that's not stopping an army of smaller-pocketed and novice investors from holding their ground and promising to take their prices “to the moon.” For AMC, that so far has meant vaulting its stock price from below $2 early this year to the $50.85 average price that it sold shares for on Thursday.

The stocks making the biggest moves in premarket trading include Lordstown Motors, Canopy Growth, Shake Shack, and more.

JACKSON, MI -- A man accused of fatally shooting another outside a Jackson AutoZone in 2019 is scheduled to appear before a jury in August. Bankhead allegedly shot Kordell Brzozowski after an argument on May 18, 2019, at the AutoZone located on Martin Luther King Jr. Drive. At Friday’s hearing, defense attorney Antonio Tuddles and prosecutor Jake Dickerson agreed on an Aug. 30 date for Bankhead’s jury trial. Police believe Bankhead shot Brzozowski, then left his car at his mother’s house and took an Uber to Menard’s on Page Avenue, where he was apprehended by police shortly after the shooting. More from the Citizen Patriot:Man accused of fatal AutoZone shooting bound over to circuit courtVictim shot 5 times in back in fatal AutoZone shooting, police sayMichigan couple accused of collecting payroll loans for employees that didn’t existConsumers Energy drills well at power plant, city loses significant revenue from largest customerSee inside Traverse City waterfront resort after $10M renovation, rebranding

All rights reserved)LANSING, Mich. – Eight Michigan businesses have been cited for COVID-19 safety violations, including a fire department, a public school district, Twin Peaks in Livonia and a Lapeer diner with 11 violations. Here are the businesses and the violations cited by the state:Memphis Fire DepartmentLocation: Memphis, MichiganFine: $2,000Violations:Not developing an infectious disease preparedness and response plan that helps guide protective actions against COVID-19. Reason for inspection: Employee complaint. Reason for inspection: Employee complaintClick here to view the full citation document. Reason for inspection: Employee complaintClick here to view the full citation document.

Check out the companies making headlines midday Tuesday:Stitch Fix — Shares of the clothing subscription service soared 45% after the company beat top and bottom-line estimates during its fiscal first-quarter results . Stitch Fix earned 9 cents per share, compared to the 20-cent loss analysts surveyed by Refinitiv had expected. Revenue came in at $490.4 million, which was also ahead of the $481.2 million estimate. Pfizer — Shares of the pharmaceutical company gained 2% on Tuesday as the U.K. began to rollout the Covid-19 vaccine from Pfizer and BioNTech. The firm said it expects the company to beat estimates when it reports second-quarter results after the market closes on Dec. 17.

Bernstein highlights Amazon's growth prospects, noting a 50% increase this year in fulfillment capacity. AutoZone (AZO) – The auto parts retailer reported fiscal fourth-quarter earnings of $30.93 per share, beating the consensus estimate of $25.01 a share. Tesla (TSLA) – Tesla CEO Elon Musk tweeted that battery production plans to be announced at today's "Battery Day" event won't reach high volume production until 2022. Nikola (NKLA) – Nikola remains on watch after the electric truck maker's shares plunged Monday following the resignation of Executive Chairman Trevor Milton. Davidson, which said Teladoc is a pure-play software company benefiting directly from Covid-19 and noting an organic growth rate of over 60%.

Just five stocks on the S&P 500 have a hefty price tag of more than $1,000 a share. Two traders who spoke with CNBC's "Trading Nation" say they will only splash cash on two of those names. Even throughout 2008 and 2009, you just saw a little bit of a drop." AutoZone will next report quarterly earnings on March 3 analysts surveyed by FactSet anticipate 3% earnings growth over its February-ended quarter. It may have to pull back a little bit to work off that overbought condition.

Auto parts retailer AutoZone is one of the lucky, or clever, retailers that has managed to fend off attacks from e-commerce giants such as Amazon. Shares of AutoZone have risen by roughly 40% in the last 12 months, closing at $1,166 a share on Thursday. By comparison, Amazon and Walmart shares have risen by about 14% and 18%, respectively, over the last 12 months. AutoZone has helped boost its stock price, in part, by buying back its own stock for nearly two decades. In recent years, the company has invested in building a network of large distribution centers and training staff to develop relationships with mechanics.

Revenue also beat forecasts, and a same-store sales increase of 3% beat the 2.6% forecast of analysts surveyed by Refinitiv. CarMax The auto retailer came in 7 cents a share above estimates, with quarterly earnings of $1.40 per share. IHS Markit The financial information provider beat estimates by 4 cents a share, with adjusted quarterly profit of 67 cents per share. Starbucks Starbucks won an appeal against a European Union demand to pay up to $33 million in back taxes to the Netherlands. Walt Disney Disney said Disney Parks West president Catherine Powell is leaving the company after 15 years, with her position now being eliminated.

On Wednesday, FedEx introduced SameDay Bot, a 200-pound autonomous delivery robot developed by DEKA Development & Research Corp., according to USA Today. FedEx is partnering with AutoZone, Lowe's, Pizza Hut, Target, Walgreens and Walmart so they can help make same-day, "last-mile" deliveries to local customers. Currently, FedEx offers same-day delivery service in 32 markets and 1,900 cities using FedEx employees, but the new robot would be able to deliver to customers who live in close proximity to a FedEx store. Amazon is already testing a robot called the Amazon Scout, which looks like a cooler with six wheels. These delivery robots also can't deliver packages that need a signature, so there is that, too.