By Liz Moyer

Investing.com — Shares are combined on Tuesday as buyers weigh the percentages of the Federal Reserve elevating rates of interest once more in Might. Listed here are the market movers for April 11.

• CarMax Inc (NYSE:) shares rose 10.8% after the used automobile vendor better-than-expected earnings for the current quarter, with revenue greater than double the estimate. Income, nevertheless, failed to achieve expectations.
• Moderna Inc (NASDAQ:) shares fell 3% after the biotechnology firm that developed one of many Covid-19 vaccines mentioned it was too quickly to declare its trial of a flu vaccine a hit. 
• Coinbase International Inc (NASDAQ:) shares rose 8%, boosted by a acquire in bitcoin to above $30,000 for the primary time in 10 months. Different crypto-related shares additionally benefited. investor MicroStrategy Integrated (NASDAQ:) shares rose 8%.

• Tilray Inc (NASDAQ:) shares fell 8.4% after it introduced plans to purchase the hashish producer Hexo in an all-share deal valued at round $56 million. The provide worth was barely beneath Hexo’s closing worth as of Monday.

• WW Worldwide Inc (NASDAQ:) shares rose 53% after the father or mother firm of Weight Watchers accomplished the acquisition of Sequence, a subscription telehealth platform. The deal provides it a chance to push into the booming enterprise of weight problems drugs.