Apple, CarMax, Coinbase, Peloton and more
An employee arranges Apple iPhones as customer shop at an Apple store.Mike Segar | ReutersCheck out the companies making headlines in midday trading.Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker to neutral and cut its price target to $160 a share from $185, citing macroeconomic challenges ahead.related investing newsCooling demand means raising prices becomes a test of how well companies know their customersCarMax — The used auto…