Stocks making the biggest moves midday: Apple, Manchester United, Activision Blizzard and more - CNBC

Check retired the companies making headlines successful midday trading Friday.

Apple — Apple's banal shed 2% connected Friday after protests occurred astatine the iPhone maker's large Foxconn supplier successful China earlier this week. Analysts and investors person besides feared that caller manufacturing shutdowns successful the state pursuing a Covid-19 resurgence could dent proviso this vacation season.

Activision Blizzard – Shares of the video crippled institution slid much than 4% aft Politico reported the Federal Trade Commission is apt to writer to block Microsoft's $69 cardinal acquisition of Activision Blizzard.

Manchester United — Manchester United's banal surged much than 16%, gathering connected this week's earlier gains pursuing quality that the soccer team's owners are weighing a imaginable sale.

Coupa Software – Shares of the bundle institution popped 7, gathering connected a 28.9% surge connected Wednesday aft Bloomberg reported that Vista Equity Partners is exploring an acquisition of Coupa.

Canoo – The electrical conveyance company's banal terms traded 6.5% higher after a Securities and Exchange Commission filing revealed that CEO Tony Aquila purchased shares. He purchased much than 9 cardinal shares astatine $1.11 apiece connected Nov. 21, valued astatine astir $10 million. Half of those shares were purchased directly, portion AFV Partners, Aquila's firm, bought the different half.

Grindr — The LGBTQ dating app dipped 6%, continuing a week of losses pursuing the rally seen connected Nov. 18, which was its archetypal time nether the caller ticker post-SPAC. It's present much than 40% from wherever it debuted and implicit 85% from the precocious seen successful the archetypal rally.

Lufax Holding — U.S.-listed shares of the Chinese fintech institution tumbled 20% connected Friday. Lufax reported disappointing net results earlier successful the week, which were accompanied by downgrades and terms people cuts astatine immoderate Wall Street firms. JPMorgan downgraded shares to underweight from overweight connected Friday and slashed its terms people connected the stock.

Generac — Shares of the generator shaper fell 1% connected Friday aft Argus Research downgraded the banal to clasp from buy. Argus said successful a enactment that proviso concatenation issues volition measurement connected Generac's show "for the adjacent fewer quarters" and that the banal deserves to commercialized astatine a worse aggregate compared to its peers.

— CNBC's Alex Harring, Jesse Pound, Yun Li and Darla Mercado contributed reporting